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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: miklosh who wrote (23003)10/20/1998 4:42:00 PM
From: SpecialK  Read Replies (1) of 45548
 
Why is CSCO up strong on the strong results from IBM and MSFT?

We probably get a gap up in the techs on the reports and continue the selling. I just bought some shares this morning so we are sure to keep going lower.. It's just my luck. 3Com gets no respect and it's not getting better. The spike in the afternoon on CNBC news was an aberration. The bear growls, it is not over. This was a bear market rally, not really my opinion, but let's get really negative here. I will not use the "HOPE" or "think" words. We are due some profit-taking, so here it is. If it goes lower than previous supports, well it isn't strong enough. 3Com needs to make a statement that is believable. It is a strong company and is undervalued and for the long-haulers, there is money to be made at these levels. For anyone else, we are just gambling.

Good luck and look for the stock to be flat to lower. NOT!
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