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

To: Christopher White who wrote (9701)	11/6/1997 12:40:00 PM
From: RLM	Read Replies (1) \| Respond to of 45548

Christopher, I also use calls the same way that you do, but alot of times I sell them naked if I feel the stock is hurting. I owned COMS when the news came out about the accounting methods and the US Robotics lack of revenue and was lucky to get out with a little profit. You may say that this news is built into the price of the stock now, but two things you have to worry about, who is selling COMS, is it institutional selling, and the 4th quarter earnings report. In today's market any bad news creams a stock. PS. Are you sure that the 2.40 estimate for next years earnings cuts the PE to 20 ?