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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: David Lawrence who wrote (27568)2/4/1999 10:30:00 AM
From: David Rubin  Read Replies (2) of 45548
 
Don't do it! You will be able to get this stock at 27 next week. And when the inevitable Nasdaq correction comes, you'll get COMS for a real bargain at 23.

Institutions in the know sold on Monday and Tuesday. Those not so fortunate got out yesterday. Even those who are bullish on 3COM will be forced to sell as they watch the stock drop further and further. Individual investors will eventually throw in the towel and bail in the high 20's.

This stock attracts a lot of weak hands. Unless we get some real strong support at 33, it's back to the trading range for sure.

I've been in this stock since 1995 and finally sold this morning. Can't stomach yet another roller coaster ride...
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