3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

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Nov 26 9:30 AM EST

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To: joe who wrote (25948)	12/8/1998 10:31:00 AM
From: Cragganmore	Read Replies (2) of 45548

Impeachment & the market Well, joe, my take is, the impeachment proceedings could cause for a market pullback, but I just don't see a major correction. Like you, I'm big on the impact of rate cuts and believe that we haven't seen the full rally following our rate cuts as well as the European rate cuts. A pullback, if occurs, cannot pull us below 8800 on the DOW and 1850 on the NASDAQ. JMHO. I am little concerned with what Mr. G will do on the next fed meeting. Is there an expectation of another cut priced into the market? And, a pullback, if any, how will it affect COMS?

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