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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: JDGarza who wrote (32505)7/22/1999 9:27:00 PM
From: richard w allgaier  Read Replies (1) | Respond to of 45548
 
In actuality, I would say that you would sleep well. It's pretty hard to get hurt seriously here........however, I'd expect it'll go a little lower before it climbs again. I don't want to rain on anyones parade, but I believe Coms has dropped below 23 a couple of times during the last 2 years. When it hits this low, the MM's drive it into the ground so that they can buy in the low 20's. Last shot around, I bought at 21. Gut feeling.....and its past performance got me out of Coms at 32.25. Now I'm waiting.....again. Might miss the boat, but I haven't the past 3 times. Trying to stay in Coms and holding for the max profit, at least at this point in time, will only loose money for you.....or tie it up for a long time. These MM's aren't exactly on your side.....remember that.

Rick



To: JDGarza who wrote (32505)7/22/1999 10:13:00 PM
From: Captain Jack  Respond to of 45548
 
Yes you are hitched. I hope not like JFK jr and wife. Dropped 5 days in a row... acting like crap on good days and bad--- Looking to exit while still in the black if it does not turn quickly..



To: JDGarza who wrote (32505)7/23/1999 12:51:00 AM
From: Mehrdad Arya  Read Replies (1) | Respond to of 45548
 
I see strong resistance at 26, for this reason I have placed a buy at $26.125. If it breaks this resistance my next buy will be at $24.625. I do not see this happening unless there is a broad market decline. COMS seems to be in the doldrums and not in a typhoon, for this reason when the wind begins to flow its momentum will bring it to its proper coordinates, where we will have smooth sailing. Remember, monetary and fiscal policy are both conducive to COMS' disposition. Unfortunately, many people don't fathom that Greenspan's bias toward raising rates does little harm to COMS, directly or indirectly. With regard to fiscal policy, I do not see any major changes in the tax structure in the next couple of years that could have an adverse effect on the market as a whole and for that matter, COMS.

I am so happy to see COMS's price fall, because I did not fill up with enough the last time it went into a trough. Aren't we lucky to be able to buy more shares at these prices. I'm to elated, I just can't wait to see COMS fall a little further, I'm salivating for more idiots to sell so we can buy.

Ciao