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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Moonray who wrote (15050)4/28/1998 10:58:00 AM
From: joe  Read Replies (1) | Respond to of 22053
 
RE: Briefing Com

On one hand, I don't like their commentary on the
market. They were big supporters of 3Com last year,
and then without word, when 3Com had started having
problems (like who doesn't - FOR EXAMPLE: INTC for
all the bozo doomsayers) never mentioned them again,
except to go with the herd as far as bad-mouthing it.

But, on the other hand, today they come out with good
analysis, like Moonray's paragraph. It basically
sums up my thinking. While the market is at all
time heights - there is some comfort that we've
seen the worst, and now I'm just waiting for the
cash to slowly trickly in and roll into a deluge.

Not only, was COMS down moderately, it was on
very low volume, I interpret this as, most holders
now are hunkering down waiting for the sun to come
out.

Joe