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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Eric who wrote (12255)12/15/1997 6:28:00 PM
From: Mang Cheng  Read Replies (1) of 45548
 
<We are near the bottom for techs>

Eric, I think so too. A common saying in WallStreet is that

"When good news came out and stock goes down, it's bearish"

"When bad news came out and stock goes up, it's bullish"

With BT Alex. Brown, SoundView Financial and Deutsche Morgan Grenfell all downgrading semis and intel today and most semi closed up nicely, it's an bullish signal for all high tech.

Mu missed, what's the significance of it ?? Will it spoil the party ??

Mang
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