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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 (20998)8/27/1998 6:27:00 PM
From: matt fahy  Read Replies (2) of 45548
 
joe

>> I liked what I saw for a while where COMS buyers came in
on a big dip and raised the price very nicely. It just didn't
keep up long enough and sooner or later, the stock will follow
the market it seems.<<

This decline in coms is all market driven, just craig has said, have they turned the business around, is palm doing ok or great, is USR integrated? I believe the answer to all of the above is YES! BUT, the market will dump coms in a bad market, which this is. I expected this no big deal, st paper loss. Even in a bear market, if coms reports ok #'s where do you think the stock can go? I don't think it can go below $24 because coms has been through its bear market and valuation is already adjusted. The internet stocks have the most to lose. Do you think DELL will go into a bear market, no, could its valuation be adjusted down, yes.

Give it a few weeks, that's all, going to be in low to mid $30's in Sept. It's time to back the truck up and LOAD UP on the COM$ shares.

matt

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