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

To: John Veltheer who wrote (10184)11/13/1997 12:18:00 PM
From: Uriel Yepes  Respond to of 45548
 
Well the question now is," how low can this go?" Bottom has got to be close but with a tenative market like this anything can happen. IMO we will see mid twenties(I average 56) which make it a very attractive buy. There seems to be bargains in the tech sector by the bushels . I just can't seem to decide which is a better buy. Coms and MU are on top of my list but ORCL, SUNW, BAY, ASND ,AMAT and others seem just as attractive . I do believe we will retest lows and this definitely is in my opinion is a buyers dream. Those huge loses are unrealized because i do have L/T ideas about Coms. China Flu may turn out to be a blessing L/T.



To: John Veltheer who wrote (10184)11/13/1997 12:54:00 PM
From: John Ritter  Respond to of 45548
 
I did the same thing you did earlier in the year sold at 47, watched her rise to 55, sink again to 46 (bought) and sold again at 55, probably my best trade since I was very confident of the stock premerger. I have concern here that the earlier rumors of INTEl eroding market at low end may return and the modem market is in transistion (reduced margins). However, with COMS approaching the value of ASND I don't see how you can lose on this longterm.


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