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

To: thebeach who wrote (26493)12/23/1998 12:13:00 PM
From: joe  Respond to of 45548
 


profit taking, accumulation.

COMS is one of the hardest stocks to trade. It requires
extreme patience.

IMO, large institutionals are in control somehow.



To: thebeach who wrote (26493)12/23/1998 12:14:00 PM
From: Eric  Read Replies (2) | Respond to of 45548
 
Actually IMHO the stock is doing just fine.

I actually expected a little bit more of a sell-off. The volume indicates a lot of short termers trading the stock today.

I'm looking for it to go higher next week!

Eric



To: thebeach who wrote (26493)12/23/1998 12:43:00 PM
From: Bruce L  Respond to of 45548
 
<Why the selloff today,..>

I believe it's attributable to Eric B's remark that the 2nd Q is an historically strong one, while the upcoming Q is historically weakest. He said that analysts shouldn't expect revenue to grow sequentially.

I believe he was just trying to dampen a possible excess of enthusiasm, but the sell-off is the result. JMHO

Bruce


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