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


To: joe who wrote (24466)11/12/1998 9:33:00 PM
From: Steve Porter  Read Replies (1) | Respond to of 45548
 
Joe,

I don't know about today.. something just didn't seem right about and it and didn't sit well with me. This isn't to say I'm right, I just don't have quite the same feeling about the stock last time it took off.

If she starts to fly again that's fine with me.. I still have 1.5K shares.. that's plenty for me for now.. (it's only about 1K off where I normally am in COMS)... so I have 60% of my normal core position..

In addition, I may have some big expenses coming up and it always helps to have some cash ready.. Ho hum, what to do..

I can't put my finger on what it is, but something just doesn't seem right about the last 1.5 weeks of this stock's movement.. it has seemed generally fishy to me.. maybe I'm just getting TOO used to COMS and it's behaving..

Steve

PS. Netscape is in BIG trouble.. the IE 5.0 Beta is more stable than communicator 4.5 release (I don't know what it is, but since the anti-trust crap got stirred up the quality of MS's releases (service packs, betas, add-ons etc. has gone way up). The real kicker with IE though is that it is about 2.5x as fast a netscape when rendering pages (and this is DEBUG CODE!!!!!!!!!).. Thinking about a NSCP short position..