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


To: Steve Porter who wrote (16171)5/26/1998 6:13:00 PM
From: eDollar.com  Read Replies (3) | Respond to of 45548
 
>>It can't go much lower. If it does it is purely irrational selling driving it there and
anyone with a brain should see that and pick it up and wait for the rationality to
return to the stock.
<<

I wish it never went any lower. in stocks nothing is too low.
If you spoke to CS bulls, they say in the worst case Cabletron will not go below 20. I never thought ASND will go below 25, when it held at the 3 level so strongly.
COMS is a good company, but its current product line is not good compared to CSCO, ASND, LU etc. It is becoming like a commodity like memory, diskdrive etc. Dont know if COMS will rebound to the glory days. If COMS sold off with the sector, i would not be worried ( as is happening to semis). Why is that ASND, CSCO, LU are almost neat the highs and this is at a 52 ( and approaching a multi year low). Down another 5 points we will see it the same level as it was in late '94