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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 16 9:30 AM EST
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To: Robohogs who wrote (21260)9/7/1998 12:15:00 AM
From: joe  Read Replies (2) of 45548
 


I just looked at BT's chart. Man, what a whipping.

Mid july it was around 120. Then, a week ago, it
was at 80 and now it's at 65.

They took a beating due to losing money from Russia reneging
on debts. Now the scare is that S.America will cause them
to lose more money. Nobody really knows the books of BT,
but in a way, they are actually sound. It's just that we
don't know how much more money they might lose
in the future. If we see S.America markets go up
and BT stock go up, that will be a very good sign. I sort
of doubt BT will go up in the short term, unless they disclose
more information. If there books are really solid, they eventually
will I think. If they don't go up, it will
be a black cloud hanging over us, but better that than world
meltddown, and hopefully the Naz can regain 5% in short time.
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