3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00400

+185.7%

Dec 5 9:30 AM EST

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To: joe who wrote (27881)	2/9/1999 6:12:00 PM
From: miklosh	Read Replies (1) of 45548

Hi Joe, considering the level of panic in the nasdaq today I am encouraged by the lower than average volume today. Imho it means that the selling wasn't rampant but rather, that there were no buyers to offer support, so the mkt tanked on low volume. I agree that coms chart looks very bad, but this just means another buying opportunity in the high twenties if the mkt chops around for the next week or 2. Nothing has changed and as long as the mkt does not enter a prolonged bear phase, coms will see 50's w/in 12 months. OTCurrently I own no csco but am considering nibbling at 90ish for long term buy and hold.Your thoughts? regards Miklosh

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