Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: FUZFO who wrote (19879)	7/29/1998 3:51:00 PM
From: joe	Read Replies (5) \| Respond to of 45548

Any opinions on whether we've hit a bottom? or near it? I think we're very close to bottom (unless the market tanks big time) Almost all other net stocks are in the red, whereas COMS is in the green. We now have some accelerated buying - for how long is the question. If market doesn't tank, then I think this is the bargain buyers price point or close. Also, NAZ and DOW seem much more tame today. Earnings season almost over. A lot of the bad news is getting priced into the market. If the indexs stabilize, that will eliminate some of the variability for COMS, imo. If we hold in this position for a bit, then we might be able to see a slow upstairs movement for a while, possibly creating an interesting trading scenario. I don't think we'll get any big jumps for a while, unless Eric B. can make alliance with MSFT more concrete. Too much of that work seems to be fuzzy, but it is promising... Any thoughts? joe