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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: Eddie Kim who wrote (16367)5/29/1998 6:07:00 PM
From: VLAD  Read Replies (2) of 45548
 
Eddie,

I was checking on some historical trading data. Todays close of 25 3/8 is the LOWEST 3COMS close in all of 1997 and 1998. The lowest COMS traded in these 2 years was on May 22,1977. On that day COMS opened down from the prior day at 25 1/2 traded as low as 24 and as high as 27 3/8 and closed at 27 3/16.

I bought 1,000 shares today at 26 3/16. My timing was off (I should have waited another hour) but I am satisfied with my entry point. We can never pick exact bottom but I think we are pretty darn close. IMO anything under $28.00/share is a bargain.
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