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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Dec 18 4:00 PM EST

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To: mp who wrote (28039)2/11/1999 5:18:00 PM
From: joe  Read Replies (2) of 45548
 


I don't think so mp. The cloud will be hovering
over 3Com until earnings are known. I haven't read
the details of the NIC report posted by Moonray, but
if it shows that feb profits for NICs are OK, then
this will add confidence to the quarter. (but, I don't
think that's what the report mentions?...will read
later).

Also, today, just seems like short covering. So, IMO,
be ready for COMS to go down more when market weakness
hits and shorts realize that nobody is buying COMS
seriously yet. (exception: if some "hard" good news
comes out and encourages buyers)

Right now, COMS is in the pit of uncertainty, and as
CC said, the street abhors uncertainty.

Damage control, and get out unless you think numbers
will be close to earnings forecast...I'm betting the
numbers will be OK.

joe

btw...I'll start up the coms.coms.coms last estimate
this weekend. Send your estimates to me if you'd like.
This quarter will be a real challenge for the thread<g>
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