3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Wayners who wrote (22633)	10/9/1998 11:37:00 AM
From: joe	Read Replies (1) of 45548

>>Made $1/2<< congrats. Tough market. Hard to tell where anything is going. The two major themes I'm banking on today are: 1) shorts cover for the weekend 2) banks and brokerages are doing a lot better. I think they're an indicator saying that the correction is slowing down. Thus better to short at end of day - possibly? Possible glitch: I think shorts are giving this rumor about a FED ease some credence. If this turns out to be a rumor, we may see some more downward pressure. If FED DOES ease, wow...yippee!!! I hate rumors, and usually ignore them, but this one makes some sense. JMO

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