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


To: Thomas Haegin who wrote (10972)12/1/1997 6:36:00 PM
From: Jeffrey Boggis  Read Replies (2) | Respond to of 45548
 
3Com rises on article
NEW YORK, Dec 1 (Reuters) - 3Com Corp was up more than a point in pre-opening trade on Monday after a Barron's article extolled its future prospects, dealers said.
3Com traded at 37-3/4, after closing on Friday at 36-1/4.

Barron's noted that 3Com's stock has declined to the 30s from the mid 50s over the past six weeks. But Barron's said that the company was poised to benefit from the advent of high-speed cable modems.

"That was a fairly positive article," one trader noted.