3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

0.0%

Dec 18 4:00 PM EST

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To: joe who wrote (25381)	12/1/1998 1:49:00 PM
From: mp	Read Replies (1) of 45548

I am breathing a huge sigh of relief this morning when market seemed to stabilize and the $38 support for COMS held. It was such a big resistance for so long, COMS had a tough time penetrating it, but now it is acting as a support. I think we will not see $38 again until the splits (unless the market crashes a 1000 points of course). A steady stream of great news is coming out (or being planned as timed-release by 3COM?) and earnings hopefully will comfortably beat the whisper number of 32c. My guess is 36c, or maybe 38c if we are lucky. I still feel stock will be at $49+ by Dec 31, 1998!!!

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