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


To: William Wang who wrote (20215)8/5/1998 5:06:00 PM
From: Eric L.  Read Replies (1) | Respond to of 45548
 
William, 1213 new lows!!!! When was the last time that happened? I heard yesterday's 500+ was the most in a decade. You'll have to pacify me however as I search for positives! I'm well aware of the neg's.

Keep the faith!

3Com Boy!



To: William Wang who wrote (20215)8/5/1998 5:36:00 PM
From: joe  Respond to of 45548
 


>>Like I said yesterday, the real test
for this market will be on tomorrow, & FRIDAY.<<

What kind of outlook do you see?

Personally, I think
the market may go down more, but I don't see a bear
market or recession. I don't see people pulling
$$ out of the market to go into cash (long term) unless they
thought that company earnings we're going to start
being negative.

Recession...economy is still to strong. Economic indicator's
are pointing in that direction.

Seems to me that COMS could have been driven lower in the
last two days. The momentum to go lower was there, but
somebody stepped up and started buying.

I think the question is: Are buyers going to consistently
step in when price gets this low? If not, shorts will
start taking control again.