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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 26 9:30 AM EST

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To: blankmind who wrote (16097)5/25/1998 3:14:00 AM
From: joe  Read Replies (4) of 45548
 
>> i think this is being way to bullish, until coms shows the future will continue to be bright. it could happen, but not until the next quarter is met, and the following quarter is in the bag, and then coms still exudes confidence.<<

Yes, I'm assuming that the quarter is met, and future looks
positive.

The main reason I'm saying this is because, if COMS had
made it's last quarter of .11c, it would have been over $40
easily. It could be that market conditions have changed
a bit...more bearish, then valuations could be different.
Personally, I doubt it. After doing my weekend reading,
looks like economy is going to slow down some, bond rates
will go down, Fed will be on hold till '99, and give
the rest of the world time to gear up for another bull run -
onwards to DOW 10,000+ by end of '99. (jmbo; just my
bullish opinion)

joe
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