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: joe who wrote (17284)	6/12/1998 1:39:00 PM
From: Wayners	Read Replies (1) of 45548

I hope I didn't type 20 Day Moving Average! 200 Day Moving Average at 1697 and change. Do you really thing that a high yen in relationship to the dollar is cause to end the U.S. bull market? What does the U.S. economy look like going forward? Depression, recession, Inflation? I don't think any of these, but I'd guess the likliest would be a recession if anything, but is that really going to happen in the next 6 to 12 months. I don't think so. Bull market remains intact. This is a correction that historically (the last three that I've witnessed) has bounced at the 200 day moving average. Dow has further to go this time. Look around and see how much irrational fear is out there. We're close to a bottom in Techs. Buy low (hold your stomach) sell high (restrain your greed).

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