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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: chenys who wrote (19137)7/14/1998 6:17:00 PM
From: joe  Read Replies (1) of 45548
 


>>Check it out, coms at 29+ after hours. What is going on?<<

Read the last few posts. We got there ahead of you<gg>.

We don't think it's really anything to worry about. But I am
suspicious of afterhours games playing. The worse it can
be is somebody wants to start the price off high or vice
versa...not enough volume to bother with though.

>>I am still neutral on how coms is going to end up on Friday, the best I can do is to wait.<<

That's my opinion also. I think one has to be a fortune teller
to know what happens in options week.

Today, we went lower, but still the old pattern of big money
buying to at least keep the price around 28 1/2+. This seems
to be a number that big money thinks is a good price.

>>Getting restless...<<

COMS does that to you. I spent half my day, playing with DELL,
MSFT and PFE. Hope I don't get killed with DELL tomorrow after
INTC's report.

>>It could be in a sweeping process<<

My theory on the sweeping process is that if it continues it
will be at a higher price. Look how low the volume is when we
stay around 28+. Weak hands seem to be flushed out at this
price, but you never know....they definitely won't flush me out<gg>.

>>...just to wipe out weak hearts, don't be fooled by the MM's.<<

Sounds like you believe big $$ is buying low also, is that what
you mean?

Don't worry, as long as COMS comes through with a good fundamentals
next quarter and is getting their act together, this stock
will be making up for lost time all of next year. I hope on
cleaning up big time when we start rolling, hopefully sooner
rather than later. Lots of people waiting to do the same. (JMO)
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