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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: Steve Porter who wrote (21007)8/27/1998 7:19:00 PM
From: joe  Read Replies (1) of 45548
 


Steve,

>The biggest reason for the low volume lately is that the big
movers and shakers have already sold out and are sitting with cash in the bond markets right now.>

Well who sold 7,492,300 shares today? Now, this is still
very low volume considering how much we slid down today.

AND, why weren't the buyers scooping up right at $28 1/2 to
$29. It looks like somebody was smart enough to know that
those shares had to sell (who would sell COMS at $27???),
so they made that seller get on his hands and knees to
sell<g>.

Low volume brings out big volatility in both directions, so
anything can happen...

>>Joe, you REALLY need to RELAX.. you are a nervous wreck man.
Running around talking about the end of the world and
everything... shucks ;-)<<

I'm not trying to scare you, really<g>. I've been in your shoes
twice already<g>. I'm just trying to
prepare you for the feeling when those 2K shares will be at
24 or 25. Don't worry, you will see 30, believe me. But,
if COMS hits 24, you will adopt my rule about COMS..."NEVER
RELAX WITH COMS".

>>Nope this time I am shooting for the 40's.<<

I'm shooting for $100/share minimum.<VBG>

joe
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