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


To: AreWeThereYet who wrote (10632)11/21/1997 11:48:00 AM
From: craig crawford  Respond to of 45548
 
<< SHW, it is because all the institution already dumped most of their COMS holdings. Did you
see how COMS fell from $45 to $28??? >>

There are still plenty of institutions with large positions in COMS. The selling has taken a break ONLY because the market has rallied and Asia has settled down a bit.

Asia is still in a bear market and none of the long-term downtrends have been broken yet. It is simply a bear-market rally.

COMS has yet to break it's downtrend yet either...