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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: William Wang who wrote (18683)7/6/1998 12:26:00 PM
From: john dodson  Read Replies (1) of 45548
 
#1. We have a post-holiday rally today like I said last week.

Not in COMS, though! Down again today, after a + 1/8 gap up!

#3. Differences in COMS/ASND recoveries ...

Having held ASND from $45 all the way down to $22, and then back up again, I have to agree with you on this one. While COMS definitely has the potential to return to trading ranges of yesterday, it just does not have the same "feel" as ASND did when it was down. ASND's CEO practically guaranteed numbers for several quarters out late last year I believe. After a quarter or two of doing just that, ASND has REALLY taken off. Also, the LU takeover has been a safety net for ASND.

COMS has neither of these (earnings confidence/guarantee or takeover safety net). So, it's gonna be a bit rougher road ahead for COMS than the ASND ride was.

Here's hoping COMS comes back sooner rather than later...

-John Dodson
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