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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: hitesh puri who wrote (28026)2/11/1999 3:20:00 PM
From: vinod Khurana  Read Replies (1) of 45548
 
I disagree. I see a bounce to $37 - $38 followed by a decline to the $30 area and then a second uptick to $44 to fill the gap last week.

A third or fourth time to break $44 will then propel it towards that magic $60 + mark. This may take some time (6 - 8 months) but with takeover rumors starting to circulate again this morning and users anxious to purchase the newer models, 3COM stock should be able to support itself in the $30 range and bounce around with resistance short term at $44.

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