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

To: matt fahy who wrote (24307)	11/10/1998 2:29:00 PM
From: joe	Respond to of 45548

matt, >>I think we may see the topping in the market this week with Dell's earnings report being solid and the smart $$$ "selling on news" imo.<< this very well may be the case, but I thought the same thing with CSCO, and we still kept going up more than I thought. AND now MSFT is coming out of nowhere. MSFT is what really puzzles me since the court case doesn't look good. Possibly, investors are thinking that even if MSFT looses, and has to settle, what the heck can the DOJ do anyway? I think MSFT may be in a no-lose situation. Anyways, if DELL tops out, I think it will be more to do because of Greenspan worries, other wise, just think about it. MSFT - greeaaat quarter. CSCO - greaaaat quarter, DELL - greaaat quarter, INTC - ok quarter, but now predictions are for solid growth. What more would an investor want out of techs? Not to mention the "Internuts" are doing well. The Naz deserves to go up, IMO. COMS will eventually get it's rewards, because it too will have improved earnings. >>I am confident COMS will reward those who stay patient and don't make a rash decision in either direction.<< True, market jitteriness is giving folks time to buy, IMO. But everyday is a new story. Friday will be a very interesting day, after DELL report. The spinmasters will be on display for us. joe

To: matt fahy who wrote (24307)	11/10/1998 2:49:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

matt, Naz-100 is up 17 pts (+1.18%). It's starting to get up there. Another difficulty with the market is that the market is sensitive to any "news". COMS could have an 'ace' up it's sleeve. Greenspan could come out and say something positive. Germany might cut rates... The point is ANYTHING can happen, and there is good chance of upside news potential. Too much bad news has already been dished out the last 3 months. Why isn't the Naz down 50pts today? Isn't it about time YET??? Why doesn't the DOW crash 200pts? Isn't it about time yet?? I guess it needs more time...in the mean time, a lot of stuff keeps going up. I think the difference is this. You guys are all waiting for a BIG pullback so you can do what...BUY!!! Everybody is thinking this. Real pullbacks are caused by lot of fear, and everybody wants to sell...NOT BUY. Not enough fear on this thread yet...just a lot of hungry buzzards.<gg> joe