3Com Corporation (COMS) Message Board

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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: Captain Jack who wrote (31250)	5/25/1999 9:04:00 PM
From: S. M. SAIFEE	Read Replies (2) of 45548

Today's drop could be attributed to margin calls going out on internet stock, liquidation to meet margin calls, internet stocks could drop another 50%. After margin liquidations may be long term holders will get out of internet. AMZN should see 85 by Friday and Yhoo 90. Margin players are not going to come back, hence no bounce. COMS is too cheap even at 50. Will buy LEAPS here.

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