Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: craig crawford who wrote (12608)	12/20/1997 5:15:00 PM
From: Beachbumm	Respond to of 45548

Craig, I do not necessarily DISAGREE with you that techs are in bear mode. There sure is a lot of bear shit stinking up the NAZ. I was poking fun at you for saying that with INTC already down better than 30% the bear has begun! We may, in fact, be more than halfway through it. If, for example, INTC (just using it as a prop for techs) can be expected to decline, say, 60% from its highs during bear phase, well, then 40 may be our target. COMS certainly could be in the 20s. I will not be a happy camper but it is not the end of the world and I will not be dumping my major holdings except for very slight and surgical tax loss selling just to pare margin and so the IRS knows what a bear market is too! Beachbumm