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


To: joe who wrote (21099)8/31/1998 8:11:00 PM
From: FUZFO  Read Replies (1) | Respond to of 45548
 
Joe, I dont know where the bottom lies, but my bet is we are close. We may benefit from superb timing of earnings announcement around 3rd week of Sept. IF (a big IF) some sanity is to come back to the market my guess would be not this week, but after Clinton comes home from Russia, and the Yeltsin soap opera plays out. THis may take a few weeks and then the first sign of good news will light off a relief rally. Now imagine this: relief rally with nasdaq retracement of 200 points to 1800, whilst COMS beats earnings and here comes November Q with all the X-mas sales coming up for boxes to connect to modems, Palm Pilots in Santas bag, etc...

Otherwise whats up with BAY? up 1 3/8 today? Any idea?
Fuzfo