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

To: Steve Porter who wrote (21000)	8/27/1998 6:42:00 PM
From: lib	Respond to of 45548

Loaded up on COMS at 28 around 2:30 based on the fact that I saw a rally occurring. The rally didn't last too long however. Can't believe COMS is sitting even at these levels, but then again I can't believe what's happening to the market as a whole. Tomorrow will largely depend I'm afraid on what happens over in Asia. If there is a massive sell-off which Asian futures seemed to indicate a couple of hours ago, tomorrow won't be a pretty picture and therefore, as crazy as it sounds, I bought COMS at the wrong price. Bad day tomorrow = COMS around 25 to 26. On the brokerage recommendations that have been attached to this stock over this week, it's certainly unbelievable that the share price hasn't reacted more favorably. In a calmer market COMS would be mid-thirties to forties on the recommendations alone.

To: Steve Porter who wrote (21000)	8/27/1998 6:46:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 45548

>> I think you are insane if you think the DOW will fall another 500 pts and COMS gets to 24. Can't see it happening. << Uh oh...

To: Steve Porter who wrote (21000)	8/27/1998 6:54:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Steve, Glad to hear that you can be on the same level as insanity as I can be.<g> I think 27 is a very good price, and you will be going back up for your 3rd visit to the 30's. I can see how you must have been drooling over the $27 price. I usually start drooling before that point.<g> >>I think you are insane if you think the DOW will fall another 500 pts and COMS gets to 24. Can't see it happening.<< I know. I'm usually the one telling you this, and then you end up buying at 24 or so. Sh*t, if we ended up today at 27...unreal as it may seem....24-25 is just a few more points away. There aren't enough drooling dumbos like you and me yet to buy up the full supply of great deals that may come our way in the next few days. That's what I was trying to get at with the Big Money away on vacation. And a lot of people don't know that COMS will meet earnings numbers the way you and I do. So, those people won't drool until after earnings. See my point for extended downdraft? Traders going to be holding over the weekend tomorrow? (Of course, most of the traders could be shorts) joe