3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 9 9:30 AM EST

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To: joe who wrote (21593)	9/17/1998 5:34:00 PM
From: matt fahy	Read Replies (1) of 45548

joe, I agree with that post, BUT did you see ASND +$2.625 today, so there may be hope for COMS with good/great earnings report to adjust its valuation upward regardless of market conditions. Maybe it won't go up as much, but still potential upside is there in a unfavorable market conditions. I think the range in a bad market will be $28-$30.25 (resistance) for next couple of days and even down to $27 in totally ugly market. On one hand we say "everyone expects coms report to be good", yet on the other is "investors need confirmation of turnaround" so either way there is still uncertainty with this stock which would help COMS stock if they do deliver imo. Matt

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