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


To: Thomas Haegin who wrote (11205)12/2/1997 8:24:00 PM
From: Peter Zuccaro  Read Replies (1) | Respond to of 45548
 
What will the low be???



To: Thomas Haegin who wrote (11205)12/2/1997 10:00:00 PM
From: pass pass  Read Replies (1) | Respond to of 45548
 
The low will be about $25 in the next few days. But obviously it's overdone. Most expect 3Com to preannounce already. What made it come all the way from high 50s to 30s afterall? Where is Barron's editor now?



To: Thomas Haegin who wrote (11205)12/2/1997 10:02:00 PM
From: DRRISK  Read Replies (2) | Respond to of 45548
 
Thomas,
Use to use TA (TELESCAN)for several years but have other criteria for investment now and feel that in a situation like tommorrow the TA are not particularly useful since the irrational will dominate tomorrow. The irrational is always a buying opportunity IMHO but you have to be willing to shortterm average down and accept that you can be in the bottom range not at the bottom. For me the most important is to believe in this company and its products. I think that they are absorbing a hard to value deal in USRX. This is a longterm play and you need patience even though short term will be interesting. I have waited since the UsRx deal for tommorow to come to buy this company. Patience is a virtue. Tomorrow is a contrians delight.
But not for the faint of heart.

DrRisk wish you luck



To: Thomas Haegin who wrote (11205)12/3/1997 4:26:00 AM
From: The ChrisMeister  Read Replies (1) | Respond to of 45548
 
> Any guess what the low could be, TA-wise?

Ok, I'm short @ 38 3/4 yesterday and will take a stab:
The answer is... 26 1/4.

The ChrisMeister