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: robert marshall who wrote (16184)	5/27/1998 8:59:00 AM
From: Wayners	Read Replies (1) of 45548

I with you now Marshall after it set a new low yesterday and closed there. Nothing against COMS fundamentally as I don't think what's going on has much to do with COMS. The fundamentals got the ball rolling in the down direction and now the technicals rule the day. Maximum bottom at $24. I sold my entire position yesterday and will day trade short it down to $24. I would rather be long COMS, and will look for reentry when I don't think shorting will be profitable any longer.

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