COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

0.0%

Nov 7 11:47 AM EST

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To: michael liu who wrote (13188)	2/28/1998 12:55:00 PM
From: Scrapps	Read Replies (3) of 22053

Michael, if COMS has good earnings and just meets the estimate it will instill confidence back into it on WS...thus giving it a boost. We are seeing some of this already. If it beats estimates I'd guess it could go back up near $50 or so. Earnings I don't expect to see until the third week of March...haven't checked when they are scheduled to come out. Yes I do think it will break it's $36 next week, I base this on the general trend of the market and the way the Call options are stacking up. It will be interesting to see what COMS opens at on Monday. The next resistance mark is a question better left to the T/A folks, but, from a gut feeling approach...I say with a good earning report and CC we skip up to $52 for the next real resistance...barring any bad news of course. New product releases don't seem to do much more than gain some attention from WS...it's when they start being installed by significant buyers that they add to the value of the stock...IMO.

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