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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 26 9:30 AM EST

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To: Bungee who wrote (13842)2/10/1998 10:47:00 AM
From: hitesh puri  Read Replies (1) of 45548
 
The 31.4 support sure held this morning as per Second Opinion. People dont seem to get tired dumping on COMS lately. Anything Cisco announces which is remotely similar to what 3Com does COMS gets dumped. Its as if its such a surprise that Cisco and 3Com make similar networking products.
This stock market has been nothing but a momentum market for the last 2 years. Value and fundamentals are out of the door. If its going up there must be something right and vice versa. For eg: AOL. Never have quite figured out what they are doing that is so phenomenal that it justifies 125+ PE.

-hitesh
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