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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: Wigglesworth who wrote (14794)3/24/1998 6:39:00 PM
From: Michael Ohlendorf  Read Replies (2) of 45548
 
It will go down at least 4 bucks tomorrow and will drift to the 20s from there. Come on everybody !! Even the most crazy fund manager who still sits on tons of money that those crazy investors are still feeding him with will not put his money into this continuing loser. Future looks real gloomy ! The only thing that keeps the market going currently is plain insanity. Here in Europe its even worse. People keep pouring money into it. Stocks without fundamentals doubling in just one month and trading at ridiculous P/Es. Look at the charts of the new German Exchange "Neuer Markt" (http://www.neuermarkt.de/) and you know were I am talking of. When it breaks down it will break real quick !
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