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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-87.0%Nov 7 11:47 AM EST

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To: Bob Kimball who wrote (15056)3/31/1998 3:49:00 PM
From: Michael Ohlendorf  Read Replies (2) of 45548
 
Who is buying at these valuations ? I am not. NASDAQ up another 20 points today. It may be that I miss a few opportunities but things have to come down. History has proven that stocks trade up on good earnings and earnings growth not on promises and declining earnings. 3Com is a covered call play at best for me and nowhere near a buy !
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