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

To: Xpiderman who wrote (10901)	11/29/1997 7:51:00 PM
From: Mang Cheng	Respond to of 45548

Xy, I think us COMS longs had finally gone thro' the most difficult time, because 1. Thanksgiving is over, people are back to work Monday 2. Tax-loss selling is close to over 3. Window dressing by Funds is also over 4. Asia is stabilising with talks of HK and Japan oversold short-term 5. As to coms, earning had been cut by everybody including their mother-in-laws, so all the bad news are out. 6. Profit warning in view of the drastic cut in consensus is most probably not neccessary. 7. December and January are historically good for High-techs and small-cap stocks With all the smart-monies in position (I pointed out the high vol in the last couple weeks indicated accumulation), in the near future, you'll see anal-ysts lining up to hype this stock. If they can drive the stock down to ridiculous level they can bring it up equally with ease. I'm fully invested in coms so I'm not adding any. Regards Mang