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

To: William Wang who wrote (19508)	7/23/1998 12:57:00 AM
From: cbstock	Read Replies (1) \| Respond to of 45548

Hi William, From now on until after labor day the volume could be low. August is the dog days of summer for the market. Lots of the big money traders are on vacation for most or all of August so the short sellers are in control for a while although I would think there are better shorts than COMS. Short sellers are a funny breed, and I have never figured out what makes them tick however many do very well skimming a few points on the down side. Regards cb

To: William Wang who wrote (19508)	7/23/1998 10:05:00 AM
From: joe	Read Replies (2) \| Respond to of 45548

>>Stock drops 1% every day on LOW volume is a very bad sign. It tells you many holders are watching and will pull the trigger when they are panic.<< I agree, we need to get rid of these guys. Why the hell are they still in COMS if they don't have any confidence still. They should be locked into their position for the long term. Only a dodo would be holding on for short term. COMS is obviously a long term play. Maybe too many speculators came on board around June 25. Then we can concentrate on getting rid of flighty shorters and traders...yes, I think there are still some shorters... the pattern is predictable, why shouldn't shorts short... maybe they can't make big profits...but the nimble ones can make some. With the rest of the market booming, except for yesterday, which will probably come back, I think it's easier shorting COMS than DELL, MSFT, AOL, YAHOO, CSCO, INTC, etc.... Time to flush out anyone not serious about COMS.