SI
SI
discoversearch

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: Moonray who wrote (34448)9/22/1999 9:39:00 PM
From: mr.mark  Read Replies (2) | Respond to of 45548
 
By James J. Cramer
9/22/99 5:17 PM ET

"Random musings: A bunch of you asked me if I
wasn't disappointed in the revenue growth of 3Com
(COMS:Nasdaq). To which I replied, I am never
disappointed when one of my stocks goes up.

Those who were looking for a reason for 3Com to
fall on this news of a better-than-expected quarter
are missing a key ingredient of this game: 3Com
did not disappoint. That's what people were used to.
So the stock rallied.

The amazing thing to me was how few upgrades we
got from the analyst community. That means this
story may have some legs.
We sold some stock up
at 30 but held on to the balance of our position."


-> note: i'm not sure i get old blowtorch's point here. few upgrades so the story has legs? wha? anybody?

:)

mark



To: Moonray who wrote (34448)9/22/1999 9:48:00 PM
From: P.M.Freedman  Respond to of 45548
 
Today, the 200MA provided heavy resistance at $30. This is the most important mark that needs to break for COMS. It was good to see the 50MA started to make a U-turn. The call/put ratios improved quite a bit today. The call volumes picked up. I am still very bullish on COMS.



To: Moonray who wrote (34448)9/22/1999 10:03:00 PM
From: DMaA  Respond to of 45548
 
38% different from expected. Someone's not communicating very well. Don't make friends by making folks look stupid to their bosses.