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

To: mp who wrote (28029)2/11/1999 3:46:00 PM
From: Joe S Pack  Respond to of 45548
 
Yes it may or may not head south again. I watched the tape when it tried moving above 33 and there were quite a few fierce battles between the shorts and longs. But my strategy is to cost dollar average as I cannot accurately predict the bottom and bought some today morning.
Will buy some more if it visits south of 30.
My simple reasoning is that the down side potential at this point
is much less than the upside potential and hence more buying.
-Nat



To: mp who wrote (28029)2/11/1999 4:59:00 PM
From: mp  Read Replies (3) | Respond to of 45548
 
3com blundered when it let all its gain slip out of its
slippery hands. Now no amount of good news is enough to
overcome the "loser" image. I personally think it has
been set back by a year.


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