Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce L who wrote (32445)	7/16/1999 3:15:00 PM
From: Mang Cheng	Read Replies (1) \| Respond to of 45548

Bruce, nice to see coms not being pushed down at option expiry. coms has been on a tight congestion pattern for the past four weeks with very strong support at $27. At $27 coms is at its fair value (pe around 22 next year pe 19 and PEG around 1.1). Big shops are not willing to pay a dime more above fair value but have the courtesy to keep it a hair above fair value. Everybody, dumb and wise, are waiting for something to happen. The action these couple days is very encouraging. It's starting a very small, almost unnoticable upward push on the chart. Mang