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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: George Katsoulis who wrote (13675)2/4/1998 4:13:00 AM
From: allen menglin chen  Read Replies (2) of 45548
 
Hi George, COMS downgraded by First Boston to a hold Tuesday, analysts' usual meaning of hold = sell! I don't have any shares to sell, so I shorted COMS. If NSDQ jumps to 1750--a new high, probably you can see COMS close at 37 at most! I have given up COMS at 41, and has never seen COMS above 39 since. I hope both of us can make some money, COMS can go up to 35, and also goes down to 31 in short-term. My rule is, do not long COMS unless it's below 30 and NSDQ is 1500.
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