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: George Katsoulis who wrote (13675)	2/3/1998 2:54:00 PM
From: craig crawford	Respond to of 45548

<< I'm betting that Cisco will report good numbers and give the whole sector a little pop. Let's see who is right. >> I bet C$CO beats expectations but it sells off anyway. Who knows what COMS does in that scenario. << I'm just wondering, why do you mostly short stocks? Are you a die hard pessimist or what? >> I like to have a mix of both longs and shorts. I have been heavily biased to the short side the last few months because I have been bearish on the market. When I'm bullish you will hear me saying buy, buy, buy. I went long a stock today for instance. For about 10 minutes. Then I sold it.

To: George Katsoulis who wrote (13675)	2/4/1998 4:13:00 AM
From: allen menglin chen	Read Replies (2) \| Respond to of 45548

Hi George, COMS downgraded by First Boston to a hold Tuesday, analysts' usual meaning of hold = sell! I don't have any shares to sell, so I shorted COMS. If NSDQ jumps to 1750--a new high, probably you can see COMS close at 37 at most! I have given up COMS at 41, and has never seen COMS above 39 since. I hope both of us can make some money, COMS can go up to 35, and also goes down to 31 in short-term. My rule is, do not long COMS unless it's below 30 and NSDQ is 1500.