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

To: DRRISK who wrote (11478)	12/3/1997 8:30:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 45548

<< If you don't no bigeee but I think then you lack credibility. >> Credibilty comes with being right. Just about everything I have said has come to pass. When I initiated my short position at 34 and change I said that COMS would probably rally a little more due to some hype releases by the company and people who wanted out. CORRECT I said that COMS wouldn't break 40 intra-day (it stopped at 39 and change) and it wouldn't close above 38. Well I was off by a measly 3/8. Due to the hype (which I expected) and nearly 200 point rise in the Dow it managed to squeak by at 38 3/8. CORRECT(on the intra-day part) and close enough to CORRECT on the closing. Just about every bull on this thread said that this was a one quarter phenomenon. I said COMS was going to miss the quarter badly CORRECT AND guide analysts lower for the next several. CORRECT again. I told people that Asia was having a significant effect on COMS business (many denied it) and the CEO made that pretty clear today. Low to zero growth is what I remember him saying. CORRECT Just last night I specifically said I wasn't claiming victory yet. Now you know why. I said we were going to work our way down to new lows but not all in one shot. My view on COMS HAS NOT CHANGED. It is going back below 30 on it's way to new 52-week lows. FACT