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

To: Steve Porter who wrote (21007)	8/27/1998 7:19:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Steve, >The biggest reason for the low volume lately is that the big movers and shakers have already sold out and are sitting with cash in the bond markets right now.> Well who sold 7,492,300 shares today? Now, this is still very low volume considering how much we slid down today. AND, why weren't the buyers scooping up right at $28 1/2 to $29. It looks like somebody was smart enough to know that those shares had to sell (who would sell COMS at $27???), so they made that seller get on his hands and knees to sell<g>. Low volume brings out big volatility in both directions, so anything can happen... >>Joe, you REALLY need to RELAX.. you are a nervous wreck man. Running around talking about the end of the world and everything... shucks ;-)<< I'm not trying to scare you, really<g>. I've been in your shoes twice already<g>. I'm just trying to prepare you for the feeling when those 2K shares will be at 24 or 25. Don't worry, you will see 30, believe me. But, if COMS hits 24, you will adopt my rule about COMS..."NEVER RELAX WITH COMS". >>Nope this time I am shooting for the 40's.<< I'm shooting for $100/share minimum.<VBG> joe

To: Steve Porter who wrote (21007)	8/27/1998 7:35:00 PM
From: FUZFO	Read Replies (1) \| Respond to of 45548

Steve, Well you were right, and hats off to you for selling (I think I remember you got out above 30?). I held on but couldn't resist buying 500 @ 27 7/16 today. THis will fill my position in COMS unles we see $25 I will buy 500 more. I also nibbled on some PBHEX fund for my IRA today, maybe some more tomorrow. I agree with the Chatfield view of a rally after Labor Day, if for no other reason than oversold conditions. I believe once Boris steps down, and 1 or 2 weeks pass the world will realize the sky is not falling and we can rally again. Lets hope sonner than later. Fuzfo