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


To: joe who wrote (27896)2/9/1999 10:06:00 PM
From: FUZFO  Read Replies (1) | Respond to of 45548
 
I'm starting to think that the whole market might be correcting.
Hi Joe, what makes you think that? VBG :-)) But really, I posted last week that I saw the NASDAQ coming back to its 50 Day EMA of about 2200 for a healthy correction and I'm afraid I may have been right. I did however prepare for this and my only position long or otherwise is COMS from high 30's. 85% money market :-) I was relieved that COMS could trade below 33 today without the bottom falling out. Still a little worried that we'll see the high 20's though, but IMO would only be a very short time. After 2 more weeks, as long as COMS does not pre-announce a shortfall, I see it somewhere in high 30's in March leading to the report. Just my 2 cents on a down day.
Chuck