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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Dec 18 4:00 PM EST

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To: Steve Porter who wrote (21107)9/1/1998 9:20:00 AM
From: joe  Read Replies (1) of 45548
 


Steve,

>>There seems to be a lot of consenus on the nightly reports taht the "secondary" stocks are the good buys right now. One example I heard was:

Not the IBM's, DELL's and Intel's, but the companies just behind them. From this I would include COMS as a buy (behind CSCO).. I see a turn around happening soon, but it may not be until next week (ouch)
<<

Yeah, I've heard the same thing over the last few weeks to a
month. Big Money is getting the attitude of "why pay hugh
amounts of $$ for big caps if they have preanouncements also,
there are only a small handful of big caps that can are
performing, and all the stock market money can't fit into
just a few stocks...
might as well look for good companies with good balance
sheets that are lower priced".
The small caps are the extreme side of what COMS is going through.

So, I'm waiting for what you said to materialize, but until
I see it....it's just a lot of words. Flight-to-safety will
still win out for a while longer...we'll see.

good luck to us all today,
joe
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