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: matt fahy who wrote (23177)	10/24/1998 12:10:00 AM
From: joe	Read Replies (1) of 45548

Matt, Re: COMS deals.... The AT&T deal is possibly one of the contracts Eric B. has has mentioned but with no specifics. He can't say anything about it until ATA&T announces it. That's one of the things the article explains. This is probably the same with the Motorola deal. All this might explain why we were waiting for deal announcements, and haven't heard much. >>I think the market flushed out some selling today, especially with the normal selling friday and is ready to take its next move upward. << That's what I think too. Notice that selling was on low volume, so we have a good base where we're at. Plus, we never went down much, we're holding steady. >>People tend to get fearful over the weekend imo?<< IMO, not so much now. Rate-cut relief. Earnings are mostly over with and we've seen the worse. The only worry would be over something unexpected, like a huge bank failure. More reason to be relieved now, than to be worried, IMO. >>It would be interesting to see data on gaps on each day of the week. Any one day more likely to have a gap up or down?<< Good idea. I think I'm going to start keeping a record and seeing if there are patterns in the gaps. joe

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