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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-58.1%Nov 14 9:30 AM EST
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To: Stockman_77079 who wrote (15290)4/26/1998 4:32:00 PM
From: mp  Read Replies (2) of 45548
 
It was exactly a year ago around end of April/ beginning
of May that 3COM made a run from 24 to 55+. I feel it
might do the same, though not to the same level, this year
for the following 2 reasons:
1. Perception that the stock has bottomed out.
2. Finally earnings start going up rather than down (not
year over year, but sequential).
My opinion is by mid-May, 3COM stock will be close to 48
after which a test of 40 followed by a run to 55 in August.
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