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


To: Pancho Villa who wrote (10243)11/14/1997 12:05:00 AM
From: dougjn  Read Replies (1) | Respond to of 45548
 
Agree: <<SI is about trying to make a buck. any one person's comment is not gonna bring the price down or up.>>

Personally, while I did buy some of my favs after the post noon rally began, I am not at all sure this is the start of sustainable up.

I rather think not. But I am way less sure of this than I am of my calls to get out of coms in the 44 area.

Reason why not is I think the street still has not contained the Asian/Latin effect on earnings estimates.

Add to that the sort of dirty secret that 98 estimates were inflated anyway, as are 5 year growth estimates (How many have factored in any six month-year recession in during next five years, which sits on top of 7 years/ w/out recession??)

Ready to turn on a dime. As I did in part today buying back Csco at 76, which I had sold at 84, Qcom, etc.

Regards, Doug