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


To: Steve Porter who wrote (24470)11/12/1998 9:58:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


Steve,

Hmm, I'll think about what you said as far as the
feel of the market and the feel of COMS. I'm trying to
finish up something at work, and the more I look at it the
harder it is to finish....

I'm also thinking about what Mr. MskiHntr (Joe) said and I think
he's right. I noticed from the get go today that something
was different. We didn't have that laggy feeling. COMS felt
different today.

My main concern is that if this move is associated with LU
merger BS, then I'm riding it up for how ever it goes (1/2 pt
or more, and selling 100%), because we will probably sink
down later. But, of course, we'll come back later too.

Also, as loggy as the market has been, I feel that FED
bad news has already been priced in somewhat, so I'm not
too worried of a big market move downward. I'm also not
too worried about any big downward movement in COMS (if
we just went up on LU rumors) since its all low volume
stuff, and anything can push it back up again very quickly
as it did today for whatever reason.

So, I'm trying to make a win/win situation out of it. If it's
a temporary up, we'll probably retrace to 34. If there's
good reason to go up, then I see us testing highs.

gotta get back to work...

btw...I started this post mainly to say that I found
that Netscape/MSFT stuff hillarious!!! ;-) It will be a real
coup if this gets publicized seriously...MSFT benefits consumers,
but manipulates them at the same time...2.5x faster, whew, I definitely have to get rid of this Net 4.04 PIG, course the
UNIX GODS would never let that happen around here<G>.

good luck tomorrow,
joe