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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: Bob Kimball who wrote (15113)	4/2/1998 7:33:00 PM
From: Michael Ohlendorf	Read Replies (2) of 45548

Bob you are hitting the nail with your comparison: "A leak boat staying afloat in a greedy market". History has proven that these "speculative bubbles" can not go on forever. If the correction comes and it will inevitably come the leak boats are going to sink first ! Take a look at the semis tomorrow. KLIC just warned that they will report a loss (!) this quarter. This will calm the semis down again after shooting up like crazy following KLAC's warning (!). Other stocks will follow sooner or later. This Asian crisis is going to become slowly reality here.

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