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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-23.5%Nov 7 11:47 AM EST

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To: joe who wrote (21641)9/19/1998 9:18:00 AM
From: FUZFO  Read Replies (1) of 45548
 
Joe, No more coms for me. My position is full without going into margin. Ave price 27 7/8 ;-)) Will be looking for 37-40 range before selling (unless of course the numbers are bad and its obvious that coms can't get there.) But this time around we also have October to worry about, maybe start lightening up 1st or 2nd week Oct, then buy back in at around 32-33-ish after any market drop. The Oct correction is getting to be like a self fulfilling prophesy, enough people believe it will happen that they begin selling and WHAMMO. I remember last OCT the news media was making such a big deal out of the 10 year anniversary of Oct 87' that they wouldn't let the story go until we got the 500 point drop. Such psychology will make it happen again.
Fuzfo
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