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: Bruce L who wrote (19888)	7/29/1998 5:48:00 PM
From: joe	Respond to of 45548

Bruce L. Before I read any further, this must be a mistake right? You must mean 25 rather than 15? :-) >>it's apparent that COMS has hit bottom in the 15 area.<< joe

To: Bruce L who wrote (19888)	7/29/1998 5:50:00 PM
From: FUZFO	Read Replies (1) \| Respond to of 45548

it's apparent that COMS has hit bottom in the 15 area. Bruce, I hope this 15 was a typo. Otherwise my only point is that yes there seems to be a rolling correction going from industry to industry, but this year was the beginning of what is supposed to be the big infrastructure build out for the networkers, its not too late for COMS but if they don't start kicking some A@@ very soon, the buildout will be complete and a downcycle is in the cards sooner or later for all networkers. Right now ASND, CSCO are reaping the benefits, now is the time to shine (FY98,99) I hope COMS isn't too late to the party. Fuzfo

To: Bruce L who wrote (19888)	7/29/1998 6:20:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Bruce L. I agree. I think part of the reason that COMS was in the green today, is because it's the first one in the group to hit it's bottom. It leads the race going downwards. But, it held up well throughout the session. Even when there was light trading at the end, there was buying at the $25 mark. Of course, one day doesn't make a trend, but I at least saw a difinite change from the sliding downward pattern. IMO, we should be between 28 1/2 - 30 1/2. Below that, we are oversold, so I'm hoping there will be some trading chances on the way up. I also agree with this whining business. I take my lumps just like everybody else. If I give up on COMS, I'll take my business somewhere else. But while I'm on this thread, then I still believe there's $$ to be made, and I want to focus on how to take advantage of it. I learn from my mistakes and go forward. Maybe it would help, if the poster could put [complaining] or [venting] label beforehand. joe