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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-87.0%Nov 7 11:47 AM EST

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To: Mang Cheng who wrote (17824)6/19/1998 11:22:00 PM
From: Mr. E2u  Read Replies (2) of 45548
 
According to Briefing Com COMS is expected to announce earnings after the bell on Monday June 22nd! Looks like I'll probably be holding through that and double my position at some point after the announcement.
It's a hard move to call because even if they disappoint I believe a lot is already discounted into the price and many long term investors will probably go long (hopefully institutions as well) when visibility is better after the CC. If we hit resistance at $27.5 and we start showing weakness I will probably get out for the short term and try to buy in lower. If we go down and hit one of the downside supports I will see how we bounce off it (if we do) and play long again from there. If we go to $24 or lower I will BUY BUY BUY Jan 99 leaps (calls) and hold for a while.
Joe, Craig and all, What are your strategies and thoughts?

Thanks
Brad
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