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

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To: Doug who wrote (29534)4/7/1999 6:08:00 PM
From: Mark Glembocki  Read Replies (3) of 45548
 
My thoughts on COMS, this stock has been a dog for a few years now with an
occasional blip in the flat line stock chart. However any good news and I mean
ANY good news will take this stock back to its 50 day moving average at least
which is 30 bucks at this time. That is a 50% rise from the current 20 dollars a
share. However the current market is very impatient and will not tollerate flat line
performance and therefore will dump at any sign of further negativity. Therefore
play the bounce,,,, buy at 18 to 20 and sell at 25 to 30. However the risk there is
that you may miss an easy double if opinion changes. Everybody loves COMS
including analysts and will upgrade on any sign of a turnaround.
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