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


To: Steve Porter who wrote (21107)8/31/1998 11:06:00 PM
From: Ken Twining  Read Replies (2) | Respond to of 45548
 
It looks like the turn around, (at least temporary bottom), is already in the ink, as S&P's are way up....over 16 pts. on the Globex, with the Naz. up 25!!! Hope this all holds, as today was way over done....Only my educated opinion!!



To: Steve Porter who wrote (21107)9/1/1998 12:24:00 AM
From: craig crawford  Read Replies (1) | Respond to of 45548
 
Don't listen to those bozos. Those are the same bozos who were telling you that the market was overreacting LAST week. A thousand points ago.

DELL, C$CO, etc. will continue to lead. I don't want to buy a bunch of secondary crap.



To: Steve Porter who wrote (21107)9/1/1998 9:20:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


Steve,

>>There seems to be a lot of consenus on the nightly reports taht the "secondary" stocks are the good buys right now. One example I heard was:

Not the IBM's, DELL's and Intel's, but the companies just behind them. From this I would include COMS as a buy (behind CSCO).. I see a turn around happening soon, but it may not be until next week (ouch)
<<

Yeah, I've heard the same thing over the last few weeks to a
month. Big Money is getting the attitude of "why pay hugh
amounts of $$ for big caps if they have preanouncements also,
there are only a small handful of big caps that can are
performing, and all the stock market money can't fit into
just a few stocks...
might as well look for good companies with good balance
sheets that are lower priced".
The small caps are the extreme side of what COMS is going through.

So, I'm waiting for what you said to materialize, but until
I see it....it's just a lot of words. Flight-to-safety will
still win out for a while longer...we'll see.

good luck to us all today,
joe