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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Analog Kid who wrote (10534)11/20/1997 1:43:00 PM
From: Jeffrey Boggis  Read Replies (1) of 45548
 
3COM was being pulled down because more people were selling rather than buying their shares. On one side, you have the worries in Asia and the earnings estimates cuts by major brokerages, and on the other side, you have very positive remarks from Comdex on the palm top and the new products to compete with Cisco. At this point, there is far more upside potential. With Applied Material's ernings tonight, it will give us a peak into their Asian concerns. This will indirectly effect 3COMS's stock price over the next week. Watch tomorrow what AMAT does and I'm willing to bet that COMS heads in the same direction.

My thoughts only,

Jeff
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