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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: Mang Cheng who wrote (15991)5/22/1998 6:26:00 AM
From: craig crawford  Read Replies (3) of 45548
 
>>> 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. <<<

I hear lots of excuses as to why COMS is dropping but some aren't willing to admit that it's entirely COMS fault. A$ND is rebounding nicely, C$CO is making new highs, FORE and XYLN are approaching 52 week highs.

I am beginning to think that COMS won't stop going down until the bulls accept that COMS has screwed up big time and everyone decides to run for the exits.
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