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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-67.5%Nov 7 11:47 AM EST

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To: lib who wrote (21076)8/31/1998 12:02:00 PM
From: Steve Porter  Read Replies (2) of 45548
 
lib,

You are quite correct in saying TA is out the window in this market.

I think the fact that COMS seems to be holding it's ground would indicate that unless the market really takes a nose dive it should stabalize around this price.

There are tremendous presures on the market from all directions at the moment and it really is almost impossible to call what is going to happen with even the tiniest hint of certainty.

If you are thinking of buying I would recommend a staggered buy order in small chunks of the total amount you plan to purchase. Don't buy it all at once. You may lose a 1/2 pt of price buying in little bits, but IMHO the security of the small trades gives you a better chance of surviving this kind of market.

Steve

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