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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 16 9:30 AM EST

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To: Steve Porter who wrote (25092)11/23/1998 11:48:00 AM
From: joe  Read Replies (1) of 45548
 


Steve,

Yes, we may have a temporary oversupply of expensive shares.
There may be a few that *have* to buy to cover options, you
think? But by this week sometime, we will drift down and
consolidate, I think.

So, I'm not making any big bets going up, just yet. Holding
tight.

I made a lot of money getting to 37-38, I felt I had to
protect that. Did some decent trades at 39-40, but basically
I think this stock needs to cool down. I can't imagine the
whole world all of a sudden became in love with it. But,
who knows, the market in general is becoming VERY BULLISH.

joe
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