Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David Lawrence who wrote (27568)	2/4/1999 10:09:00 AM
From: BIGEJOE	Respond to of 45548

this looks like the adaptec (ADPT) scenario......to all you gila traders

To: David Lawrence who wrote (27568)	2/4/1999 10:12:00 AM
From: Bill Coenen	Respond to of 45548

David, Great timing the knife just bounced....hopefully for the last time. Bill

To: David Lawrence who wrote (27568)	2/4/1999 10:26:00 AM
From: Moonray	Read Replies (1) \| Respond to of 45548

More: 3Com Corp. Cut to 'Hold' at Prudential Princeton, New Jersey, Feb. 4 (Bloomberg Data) -- 3Com Corp. (COMS US) was downgraded to ''hold'' from ''accumulate'' by analyst Luke T. Szymczak at Prudential Securities. The 12-month target price is $47.00 per share. o~~~ O

To: David Lawrence who wrote (27568)	2/4/1999 10:30:00 AM
From: David Rubin	Read Replies (2) \| Respond to of 45548

Don't do it! You will be able to get this stock at 27 next week. And when the inevitable Nasdaq correction comes, you'll get COMS for a real bargain at 23. Institutions in the know sold on Monday and Tuesday. Those not so fortunate got out yesterday. Even those who are bullish on 3COM will be forced to sell as they watch the stock drop further and further. Individual investors will eventually throw in the towel and bail in the high 20's. This stock attracts a lot of weak hands. Unless we get some real strong support at 33, it's back to the trading range for sure. I've been in this stock since 1995 and finally sold this morning. Can't stomach yet another roller coaster ride...