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

To: Eddie Kim who wrote (16367)	5/29/1998 3:04:00 PM
From: rrufff	Read Replies (1) \| Respond to of 45548

Action looks more like 24 1/2 rather than 27 or higher. Wouldn't be surprised to see 20 tested.

To: Eddie Kim who wrote (16367)	5/29/1998 3:10:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Gee, what do you think I am? A technical analyst. I just buy when I see 50-100% discount. When you go into the store and buy discount clothes for instance, and see a great deal, do you ask yourself - "Maybe it will be lower tomorrow". Now, the other side of the coin - something must be wrong if this clothes item is so cheap, has to be inferior quality, you pay for what you get. Why buy at 52 week low? Sell, sell, sell, there are just too many of us that desparetly need this stock at $20. ($53/20.0 > 100% just by getting modems selling again) Well, I don't know...everybody is selling....must be something wrong with this stock...it's too cheap...gotta be carefull... Oh well, I'll just wait for earnings report.... Hope I shed a ray of light somewhere...

To: Eddie Kim who wrote (16367)	5/29/1998 6:07:00 PM
From: VLAD	Read Replies (2) \| Respond to of 45548

Eddie, I was checking on some historical trading data. Todays close of 25 3/8 is the LOWEST 3COMS close in all of 1997 and 1998. The lowest COMS traded in these 2 years was on May 22,1977. On that day COMS opened down from the prior day at 25 1/2 traded as low as 24 and as high as 27 3/8 and closed at 27 3/16. I bought 1,000 shares today at 26 3/16. My timing was off (I should have waited another hour) but I am satisfied with my entry point. We can never pick exact bottom but I think we are pretty darn close. IMO anything under $28.00/share is a bargain.