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 (22781)	10/14/1998 5:30:00 PM
From: joe	Read Replies (1) of 45548

Wayne, the scenario makes sense. I just expected your scenario about another dollar or two up. Also, the bullish run up IMO, was due to the market becoming more bullish on tech. So, I think there's a lot of cash on the sidelines still...whether it wants to get back in yet is another story. And, I have a feeling that a lot of investor's who bought low, as in 25-27 were strictly trading it until $30. I've heard that said more than a few times. We now may be getting rid of those traders that know about the 24-30 pattern (4th time). Next come more long term buyers who think it's safe to buy. Just some thoughts... joe

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