Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Steve Porter who wrote (23627)	10/30/1998 2:12:00 PM
From: joe	Read Replies (2) \| Respond to of 45548

Steve, >>I'm just not comfortable trading COMS at this juncture. I think a lot of institutions are going to start piling on. The evidence is things like "COMS TOP NETWORKING PICK". I expect many upgrades in the next little while, earnings estimate revisions (upwards), a preannouncement. With all this going wrong I would rather lose $2 a share by being conservative than missing out on a 4-5 point a share rally.<< you're probably right. That's how I felt about 3 pts ago, but I felt that after today, we may be due some consolidation. BUT, if as you say, the revisions, upgrades start coming out, then better to play safe and wait for better trading days. Remember though, after that COMS earnings report? Something like 6 strong upgrades? And where were we a week later??? I know this time is better, but is it enough still? Is it a little to fast? You probably think not. Maybe you're saying that even if COMS wants to stop the flow of good news, the ANALYSTS won't let them. But the ANALAYSTS are in cohoots with the Fund Managers. Those guys want to be the only ones with the keys to knowledge, and THEY CONTROL the ANALYSTS. joe