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Technology Stocks : COMS/USRX
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Jeffery E. Forrest who wrote ()3/10/1997 5:28:00 PM
From: thomas hayden   of 1384
 
It now feels like COMS has bottomed and is heading higher. The very negative news that came out on CSCO should have crushed the entire industry;however, all networking stocks are so oversold that they are beginning to represent value in this rich(overpriced) market. I don't believe that there is anymore news(short of chpt. 11) that can push these stocks lower. These companies continue to grow out a fast clip, yes maybe not as fast, but still much faster than the overall market. I would not be suprised to see COMS in the 45-50 dollar range before the merger is completed. This also seems like it is needed to make the merger look right for USRX holders. Stayed tuned.
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