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: miklosh who wrote (27888)	2/9/1999 9:21:00 PM
From: joe	Read Replies (1) of 45548

Hi miklosh, I agree that volume was somewhat low today and selling wasn't rampant. But, I'm starting to think that the whole market might be correcting. Mainly I think this is happening because of InterNUT stocks being re-evaluated and some fears of a slowdown for after Christmas hi-tech sales. I think these things will be temporary, but in the mean time, we may see some "real cheap 3Com". I hope not. I don't see any prolonged bear phase though. Just lots of market volatility for the next 6-12 months. After this correction, we make skyrocket again. We shall see... >>Currently I own no csco but am considering nibbling at 90ish for long term buy and hold.Your thoughts?<< Yes, I'd start nibbling, but I'd also be patient because you might see lower than you expected possibly even 80's. Same as others are doing with COMS. Or also, preannouncement month for CSCO is in March, so might get some more dips there after a mini-upswing this month. good luck joe

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