3Com Corporation (COMS) Message Board

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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: joe who wrote (22120)	9/23/1998 12:57:00 PM
From: Mang Cheng	Read Replies (2) of 45548

This morning is a typical sell on good news thing. I really like it not gapping up since now we don't have any gap to fill. Looking at the chart, coms can easily jump to $36 for a p/e of 28 ($36/1.28). I all know that a stock on an uptrend can garner a p/e of around 50 to reach an over-bought position. Look at asnd and Bay when they were on an uptrend. Mang

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