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


To: gambler2 who wrote (15795)5/18/1998 3:29:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 
Maybe it's like you say... Once they see an up
day, their attitudes will change. In the mean
time, they'll just keep watching, until there's a
turn.

At the moment, they know it's a good deal, but feel
they have time to buy. When there's a $1 upward move,
then the sentiment will change - usually an
analyst will say something...like it's a good
buy at this price....

Part of what's happening though is the entire market
is scared of this MSFT thing, so it makes them hesitate
to buy. The irony is that their earnings, will
probably be good next quarters. This lawsuit is
not going to hurt profits...IMO.

That's my theory - hope it proves itself right...

Joe



To: gambler2 who wrote (15795)5/18/1998 3:34:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


By the way, 30-year bond is at 5.92% (great news!!).

My bank stock (Chase Manhattan) is doing great. But
the DOW is down almost 100. The market is not
in sync today. It could be overly worried about
tomorrow's Fed meeting. If good news comes out of
that then, a market lift may jump start COMS again.

Again,...JMO

Joe