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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: Harold S. Kirby who wrote (25970)12/8/1998 4:29:00 PM
From: joe  Read Replies (1) of 45548
 


HK,

steep drop today, but while we were dropping it was on
somewhat low volume. A little profit taking and consolidation
might be in order, but generally the market is looking to
put cash to work in the tech stocks.

The only thing I'm a bit worried over is impeachment
hearings.

The Siemens and 3Com alliance has been going on for a while.
The should be cooking up some good stuff. I would imagine,
VoIP maybe edge and core equipment, plus, 3Com will provide
everything up to the desktop, with phones etc.

I was asleep today, otherwise, I think it would be reasonable
to see a bit of a pullback. But being short is dangerous,
because there are a ton of buyers waiting for the dip.

good luck,
joe
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