3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Nov 26 9:30 AM EST

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To: craig crawford who wrote (11951)	12/9/1997 10:39:00 AM
From: Dwight E. Karlsen	Read Replies (2) of 45548

I'm thinking of covering and going long... Feel free, but first you should at least think of a potential suitor capable of pulling off such a deal. The best suitor I can think of would be CPQ, but that would fly in the face of their recent partnership with INTC. I think COMS looks normal from a technical point of view. Actually I think COMS is going to be a nice rolling stock for the next couple of months. The positives (56K std imminent) will play tug-of-war with the negatives (fat inventory/sluggish modem,RAS sales, /Asian sales flat/disappointing earnings). There was a "shooting star" candlestick yesterday, confirmed today. I won't be able to watch the market very close in the next few days, but I'm holding my position.

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