3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Nov 7 11:47 AM EST

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To: TCGNJ who wrote (14932)	3/25/1998 7:04:00 PM
From: Dakota Sullivan	Read Replies (2) of 45548

When money is pouring out of stocks, it comes out of everything, no matter how solid the fundamentals. When money is going in, the opposite. That noise you heard today were the analysts looking for excuses to dump some dough into COMS, now that LU, CSCO, MSFT and other first tier tech names are stratospherically expensive and their fund still has a bazillion bucks on the sidelines (and coming in after April 15 to new Roth IRAs). COMS is one of the last cheap (not really, but relatively) household name tech brands. This "earnings picture clearing" stuff gives license for institutional position building, re-shuffling of funds. My broker says SSB started rotating money into new COMS positions as of Friday.

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