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 (27896)	2/9/1999 10:06:00 PM
From: FUZFO	Read Replies (1) of 45548

I'm starting to think that the whole market might be correcting. Hi Joe, what makes you think that? VBG :-)) But really, I posted last week that I saw the NASDAQ coming back to its 50 Day EMA of about 2200 for a healthy correction and I'm afraid I may have been right. I did however prepare for this and my only position long or otherwise is COMS from high 30's. 85% money market :-) I was relieved that COMS could trade below 33 today without the bottom falling out. Still a little worried that we'll see the high 20's though, but IMO would only be a very short time. After 2 more weeks, as long as COMS does not pre-announce a shortfall, I see it somewhere in high 30's in March leading to the report. Just my 2 cents on a down day. Chuck

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