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

To: Jill who wrote (38766)	2/2/2000 11:41:00 AM
From: Andre Williamson	Respond to of 45548

>>>What you say makes sense, so why is COMS moving so slowly? I just can't figure out if I should buy in. I'd better decide soon tho.<<< Because most "investors" out there are pathetic sheep who like to buy when everyone else is buying, sell when everyone else is selling, and believe everything they read. Also, they can't read financial statements but don't think that really matters. Oh, and they are particularly fond of the rear view mirror. Andre

To: Jill who wrote (38766)	2/2/2000 11:42:00 AM
From: FNS	Respond to of 45548

Hi Jill, Buying in is a 'no brainer'....you buy into any stock at support levels or on a breakout...if you miss the breakout you can wait for a pullback (but not always happens!!!). YOU can also buy on plain intuition which works for some people...brains/guts!!! Right now, much speculating going on with $100-$500 share price projections...remember market goes up and DOWN!!! You can buy into COMS on 54 breakout and ride it up!!! high 50's...hopefully 60-65! by IPO (???). Risk should be minimal!!! but there is always risk...54 is like a double down in Backjacket ... you've got 10 showing and the dealer a 4...take it! Hope for a big 10! or the ACE!!! Good luck, Jill...fetch that pale of water if ya like --- don't fall...you're call! (...OMHO!!!) FNS

To: Jill who wrote (38766)	2/2/2000 11:46:00 AM
From: mr.mark	Read Replies (1) \| Respond to of 45548

"so why is COMS moving so slowly? I just can't figure out if I should buy in" you may have answered your own question. maybe there's a lot of that going around. there will be a snowball effect, for sure, as more people make their decision to buy. in addition, waiting 6-9 months for PALM distribution is not an appealing concept to some. many believe that more money can be made faster in other stocks. COMS/PALM strikes me as a much longer term play than some folks are willing to sit still for. and this view extends beyond the distribution too... many who buy and hold will be intent upon selling when they get their PALM shares. imo, there will be even more money to be made by buying both PALM and COMS during that period, and holding until the selling pressure subsides and the price begins to climb once again. :) mark

To: Jill who wrote (38766)	2/2/2000 12:35:00 PM
From: Mort	Read Replies (1) \| Respond to of 45548

Thompson Investor I-watch report, this may answer some of your questions.. . COMS -- Netwrk & Comm Dvcs -- Technology 02-Feb-00 11:47:12 Shares of 3Com are extending recent gains, improving by $5/8 to $52 1/16. The rise gives COMS a 14.2% gain since January 24th, helping the stock move back into reach of its 52-week high of $53 3/4. The I-Watch data for 3Com indicates that today's rise has encouraged some profit taking by institutional investors. While these sellers are looking to lock in some gains, they are not aggressive sellers (message volume is relatively small)and thus, have not had a serious impact on trading today. It is not surprising to see some modest selling interest given the stock's short-term gains and the general nervousness in the market regarding the FOMC's pending monetary policy announcement. Many institutional investors have taken to the sidelines ahead of this afternoon's Fed decision which accounts for the slightly slower-than-typical trading volume of 2.9 million shares. Block volume is moderate at 25% of total volume which is consistent with the light pre-trade volume on I-Watch.