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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: joe who wrote (22558)	10/7/1998 10:51:00 AM
From: gfr fan	Read Replies (1) of 45548

<< If '99 is recession or major slowdown as Greenspan indicated this morning (I'm going start calling him Doomspan), then times may get very bumpy.>> AG hasn't had a whole lot of good news the past couple of months, but I still want him and Rubin in charge. However, I'd rather have 6 months or a year of bad tasting medecine as compared to the high inflation days of the late 70's early 80's. Maybe we're in a bear market, these happen every so often, especially after 14 - 15 years of double digit returns. If this is the case the best thing to do is to hunker down and stick with companies that can grow earnings the best. While the market has dropped a lot and some things are probably oversold, going into margin or taking a second mortgage to load up the trunk could prove suicidal if the US gets hit with a recession next year - we are not completely immune from what's going in the world. Long term equals gains - short term could be pain

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