3Com Corporation (COMS) Message Board

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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: blankmind who wrote (15988)	5/22/1998 12:30:00 AM
From: Mang Cheng	Read Replies (3) of 45548

<the strange part is the low volume. it is not as if people are dumping.> I think the main reason coms dropped so much these last couple weeks are that : 1. Intel, mot, hwp and even msft - these high-tech leaders - are dropping, in the case of intc and hwp, the drop was pretty steap. 2. A self fullfilling prophecy that the market shall correct in June so MM and big-guys led the pack and started to dump first. Hopfully some nuts would come out and speculate in WSJ that coms will have a good qtr (just like before last qtr) and coms will be back to around $35 before earning. I hope most of the high-tech stocks can hold at this level. Mang

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