3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-23.5%

Nov 7 11:47 AM EST

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To: joe who wrote (25544)	12/2/1998 3:27:00 PM
From: Steve Porter	Read Replies (2) of 45548

Joe, I have absolutely no problems with it, as long as I know institutionals are backing me up. I wonder how much more buying we can reasonably expect these folks to do though. I mean they have been buying like sick.. and besides.. I have enough COMS ;-)... it's time for me to go into HOLD mode on this thing until after earnings I think. But maybe fortunately for me, I only had $$ for a small portion...but accumulation is never wrong when fundamentals are going. Oh I agree, actually I have a good chunk of cash about 40-45% sitting on the sidelines, partly because of the recent run up in the market. I'm not convinced that everything is hunky-dory in the market in general and for that reason I believe caution (to some extent) is adviseable. Steve

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