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

To: mninvestor who wrote (19947)	7/30/1998 5:09:00 PM
From: Wayners	Read Replies (1) \| Respond to of 45548

It reminds a lot of when COMS was at $30 in mid May. It seems too early to be expecting an earnings warning. Anybody tracking earnings revisions?

To: mninvestor who wrote (19947)	7/30/1998 5:19:00 PM
From: eDollar.com	Read Replies (1) \| Respond to of 45548

>> I will be selling first thing t'rrow. Will lose @$5/share. I don't like the way the stock is behaving since past couple of weeks. I think there is something fundamentally wrong- moderate downside left($18-21ish). I may consider getting in later when I see convincing trend in coming weeks. << Very much agree. If it goes down with the group like the semi-equipment makers did then we can have a reason. When ASND went down last fall, we knew the reason that it was haveing product transition problems and it will lake time to recover.. When Mory told analyst that the worst is over with asnd, the street cheered. When eric said the worst is over the street initially cheered but the big boys are reallizing that someting is really wrong. If we thing that 25 is cheap then why is not the smart money thinking so? There is a reason to it. This languishing is becoming permanent now and when this range of 24-25 becomes permanent it is trouble. I would not be worried if COMS came to 25 nad at least move 2+ after yesterday's reversal with rest of the networkers. At least I will reduce some of my holdings if not sell and rotate to CSCO or ASND.