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

To: Box-By-The-Riviera™ who wrote (16751)	6/3/1998 5:11:00 PM
From: The Vinman	Read Replies (1) \| Respond to of 45548

<<what tech rally>> The Nasdaq closed on 1/12 at 1507, closed at 1917 on 4/22. That is the rally I am talking about. Thats when all the ANALysts were telling all the masses of a tech turnaround and that ASIA was going to rebound soon. A bunch of BS. I remember debating on this board over the whole inventory issue when Coms released earnings and ANALysts ignored the fact that they missed the estimate by .09 and said they were happy with the quarter because Coms had turned the corner. Well since Coms has went from $38 to $24, and I will bet anything they will miss again.... The Nasdaq basically is in never never land regarding support at this point. The next level of support appears to be at 1700, which I think we will hit in the next 2 months if not sooner... Vinman