3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Nov 26 9:30 AM EST

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To: blankmind who wrote (16074)	5/23/1998 8:40:00 PM
From: robert marshall	Read Replies (2) of 45548

Blankmind, right now, is probably a risky time to enter. the price may continue to go down in low volume. if volume picks up and the price begins to rise, it is time to purchase. if volume shows accumulation, this is a fantastic price level. I agree with this statement. Next week will tell the story. My gut tells me there is more downward pressure on this stock. I feel it will go down another point or two on low volume. Then the June swoon for the techs will push it down to the numbers I have predicted previously.During this sell off volume will pick up as people are dumping lots of tech stocks moving to the bank stocks or something else just as boring. And those with patience can pick up COMS, INTC, MOT, HWP, CSCO, AMAT, etc and ride them to nice profits through January 1999. As always I may be wrong but I am patiently waiting to buy this stock at lower prices in July.

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