SI
SI
discoversearch

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: Taby who wrote (28532)3/2/1999 7:21:00 PM
From: lebo  Read Replies (4) | Respond to of 45548
 
Wall Street is not forgiving. I am a buyer again at 20. Tomorrow is going to be an interesting day for coms.



To: Taby who wrote (28532)3/2/1999 7:32:00 PM
From: vinod Khurana  Read Replies (1) | Respond to of 45548
 
I have an order on 3COM at $25. Hoping it will drop in the morning and then rebound. I doubt we will see $35 anytime soon...but $24 is very likly.

Also purchased some March 30 puts this afternoon at $3. Hoping to cash in as this stock falls tommorow.



To: Taby who wrote (28532)3/2/1999 8:56:00 PM
From: Jeff Mills  Respond to of 45548
 
At $27, this COMS news is built in. If it were $45 then COMS would have opened at $27 and the volume would have been 60-70++ MM shares tomorrow. It all depends on what the picture looks like going forward. $20 is possible but so is $30. I think COMS will be in a trading range under $35 until the Fall, much like it was last year before it finally broke out.

COMS at $27, CPQ back at $31. Dogs will always be dogs. I have seen this picture before. If DELL, INTC, MSFT, and CSCO continue to decay--this correction could get very deep and very nasty.

I bought COMS today at $28, may buy more if it hits $20. No reason to panic, unless you bought at $45! If you did, you have just learned the valuable lesson of stop loss sell triggers.