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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: Elmo Gregory who wrote (30707)5/7/1999 8:55:00 PM
From: E_K_S  Read Replies (2) of 45548
 
Hi Elmo - Here is good news for 3COM....(Reuters 03:26 AM ET 05/07/99)

3Com Corp (COMS)

3COM CORP is expected next week to announce a major foray into wireless networking products, the Wall Street Journal reported. The development fits into 3Com's overall quest for faster growth from new revenue sources, as demand for its modems and other traditional mainstays fades, the newspaper said. The wireless office-networking products are expected to be available in the fall, with 3Com shipping out a new version of its Palm organiser with a wireless connection to the Internet, the newspaper said.

infobeat.com

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Next week should be quite positive as the 50DMA will bottom (in five trading days) and should begin to rise through to test the 200 DMA at $32.

EKS
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