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


To: lebo who wrote (28615)3/3/1999 10:46:00 AM
From: FUZFO  Read Replies (2) | Respond to of 45548
 
Unfortunately this thing has no bottom IMO, another Cabeltron systems story unfolding? I'm going to unload on any bounce today above 24. IMO will have plenty of opportunity to buy it back at 24 during the next 6 months. THis Sucks.



To: lebo who wrote (28615)3/3/1999 10:47:00 AM
From: DRRISK  Read Replies (4) | Respond to of 45548
 
Hey,

I venture guess that 23 1/2 is a bottom the big guys are buying at this price. Very strong historical support at this price.

DrRisk



To: lebo who wrote (28615)3/3/1999 10:54:00 AM
From: john dodson  Read Replies (1) | Respond to of 45548
 
Who me? Pessimistic? Not really -- at least I didn't mean to imply that. I think there's a real chance that the 1st scenario I mentioned could happen -- that is it hit's support and bounces, then moves up a little before leveling off. However, if pessimistic means not thinking that COMS will be back in the $40's anytime soon, then yeah I guess so.

I'm seriously ready to take an initial position in COMS, probably today if I can summon the courage.

-John