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: Robert Leverton who wrote (26429)	12/23/1998 2:17:00 AM
From: Eric	Read Replies (1) of 45548

Bob Welcome to the thread! Your assessment is very possible. IMHO I believe the new trading range for 3Com will be 45 - 55. COMS should run up into the low 50's. If it does we should base build and then go quite a bit higher with the near term high (1 month) the low 60's like you suggested . If the stock pops up to the mid 50's in the next week I think it will go higher than I expect. A lot of people and institutions want to re-own this stock and the fundamentals support that. On a related note to some posters Cisco's current run rate is in excess of $12 Billion a year now! Regards, Eric

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