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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 9 9:30 AM EST
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To: matt fahy who wrote (21594)9/17/1998 6:29:00 PM
From: joe  Read Replies (1) of 45548
 


>>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.<<

Yes, I saw the ASND price before and that puzzled me. But I
usually put my emphasis on the bank stocks when I'm trying
to figure out the general direction of the market. I do
agree that regardless of market conditions (as long as
we don't have a 1000pt drop period), COMS will be adjusted
upwards with a good earnings and CC.

I agree with your post. I guess I'm just trying to figure
out what it will take to break the $32 resistance and if
there's a chance of it happening before earnings. You
might have answered below. To me, breaking $32 is very
important because it will mean it's much more likely we
won't see the 20's again. (unless the market crashes)
I really just want to get out of
this $20s range BAAADDDDD!!!<g>

>> 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.<<

On one hand, the residue uncertainty may be what's keeping us
from cracking $32. But, on the other hand, that's what
will make the stock price POP even more sharply when earnings
and CC are good.

Another thing. I hope Eric B. has planned some "special news"
to add the icing on the cake. If there was any good news
in the last month, IMO, it would be good if he
saved it for the CC. Hopefully, this isn't just wishful
thinking on my part.

joe

PS...I just saw this. It might explain the big surge in
ASND's price this afternoon.

Message 5777609
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