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


To: Wayners who wrote (17001)6/5/1998 11:14:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 
Wayne, such a morbid sense of humor<g>

Are you actually afraid of holding a stock over
night now?

How quickly you forget that you
yourself admitted to a bottom.

So what's the big deal, we've already seen the worse.
Even if Eric B. preannounces (which is getting to
be more unlikely - because, he already would/should
have done so; imagine the pain he'll have
to take for preannouncing late - there's no
excuse for this type of irresponsibility
to it's shareholders - more lawsuits
I don't think he needs, not to mention death
threats by me<g>) we'll just
go back to that bottom just a couple of
pts away and being that it's so d*mn low
it will go up on speculation of the next
quarter being good, or that COMS is now
dirt cheap, and every single Telecom enterprise
will want to buy it out.
(The above is the longest sentence of my
life. Did you follow it<g>?)

My biggest fear is that the price gets
so low, that a Telecom company will force
this company to sell itself at a dirt
cheap price. This will definitely ruin
my month, to say the least!!!!

>...so we must all pay the price me holding over the
weekend...<

just make sure you got your lucky rabbit's
foot all weekend - And when it pops up to
$28 first thing in the morning sell it.
And just make sure you rebuy it before you
go to sleep that night.

We may then see a slowdown of this pattern,
because, with COMS you have to take it one
day at a time. And also, Greenspan talks
on Wednesday, giving the market a chance to
take profits after the last few days and
monday. And somebody is making money
with this weird like COMS behaviour, so
when they take profits, the tape
turns the other way momentarily <gg>
(i guess TA's call it a retrace, right)

As long as I know that we have a bottom,
I'm hoping every short seller that shorted
before, will short once again when we get to 30-31.
And probably, every buyer at less than 25,
will want to take their profit, cause
they only bought it for a quick trade, great!
I mean, how can anybody seriously buy a company
like COMS, even at that low a price,when
it should be in the teens, right?....