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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 21 9:30 AM EST

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To: joe who wrote (16192)5/27/1998 11:27:00 AM
From: let  Read Replies (3) of 45548
 
Joe, I agree with some of the optimism here. Fundamentals have not changed in the last few weeks, but there is nothing to keep MM's, shorts or anyone else from pushing COMS down to the 20-22 range or lower if they can find an excuse. When I mention the similiarity of COMS to CUBE a few weeks ago no one could believe it could happen to COMS. Just look at all the tech stocks, PAIR, COMS, CUBE, SEG, AMD, INTC...and the list goes on. All down 20% or more.

NSCP beat the street by 10 cents and is down today. Things may turn around soon, but when a mkt goes down on good news..it usually ain't pretty for a while. Most think it will be a bad summer for tech's and I tend to agree for now.

For right now COMS is just an out of favor stock. I don't like it any more than you do, but we might as well get used to it for a while and look for some good opportunities when a good bottom is formed.
Some good Investor relations from COMS mgt. would not hurt either. I would personally like to see more positive facts and good technical analysis here.

All this us just my opinion....so what do I know. COMS is a good co. and I would like to see it do better.
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