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

To: Joe Sabatini who wrote (14737)	3/24/1998 8:36:00 PM
From: The ChrisMeister	Respond to of 45548

" and the ANALysts are able to reason away all the downside risk in a stock with their bull****" 3Com (and others) have made me a believer in this heresy. I picked up 3Com last Aug near the highs (c.55) because Paine Webber's top tech analyst had this thing as his #1 pick. (That would be Mr. John Lazlo.) After all, the bull market looked like it would never end, the thing had already doubled off it's bottom earlier in the year, and cute Rosie Scenerio was there smiling. You know the story. I finally got short last Fall and am staying short as long as this thing is being recommended by the snow-jobbers. When it's in the high-teen's and everyone has given up on it for dead (like a Western Digital), then I'll cover and think about going long again. Thank God I also picked up some Cisco shares to diversify... ChrisMeister