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


To: Jeffrey Boggis who wrote (10572)11/21/1997 12:24:00 AM
From: Analog Kid  Read Replies (2) | Respond to of 45548
 
As someone who owns plenty of AMAT options, you can bet my eyes will be glued to it.

Assuming you think AMAT will lead a charge to the upside tomorrow (I'm not so sure), a rally by 3Com on AMAT's back will be short lived. These heavy, massive downgrades on a seemingly daily basis will soon overpower this stock. Frankly, I can't believe it's still in the 30's..........I'm only bearish short term however.

I'm long on AMAT, CPQ and COMS