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

To: 45bday who wrote (23770)11/2/1998 10:46:00 AM
From: joe  Respond to of 45548
 


Don't get me starting on gov't taxes. The gov't, IMO, is
a severe drain on the economy, on par with the Russians
when it comes to managing our money. Problem is I don't
believe in Long Term buy and hold when it comes to tech stocks,
since they're so volatile. Plus, one can make extra $$ in
occasional trades, which outweight the tax consequences.

>>Have been doing some selling in general of late. I guess my outlook isn't quite as rosy,<<

From what I gather, this is the main reason folks are reluctant
to get back into market...waiting for world economic problems
to settle down. IMO, they are, and institutions already see
this. If one gets in too late, then one is letting all the
big money getting in too early, and prices will be MUCH HIGHER.

You better be sure that the economy is not truely rosy, and
that institutions are making a mistake.

joe



To: 45bday who wrote (23770)11/2/1998 11:21:00 AM
From: Steve Porter  Read Replies (2) | Respond to of 45548
 
solution,

That gap doesn't have to be filled, becuase of the volume that created it. It would require a good deal of volume to fill in a gap created by a lot of volume. The kind of volume required to fill it isn't likely IMHO, given that we can safely assume based on the "top pick" article that at least one institution has a LARGE coms holding and won't want to take a loss on it.

Steve



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