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

To: HammerHead who wrote (11218)12/2/1997 9:10:00 PM
From: SHW  Read Replies (3) | Respond to of 45548
 
I think Thursday will be worst than tomorrow, any price above $30 is a gift to "short."
COMS fate is so much the same as ASND. It'll probably be in the 30's tomorrow, and then slowly to the low 20's. It might take a couple months to hit the low, in between there will be up & down as usual.
With revenue falling, EPS might fall below $1.00, if that's the case, we will be toast sooner than I expect. Anyway, good luck to those who critized Mr Crawford and long COMS.
Any number above $30 is consider a gift from God.



To: HammerHead who wrote (11218)12/3/1997 2:27:00 AM
From: Dan Spillane  Respond to of 45548
 
The more times 3Com reacts to similar news, the better for the trading houses. There is another story on the wires tonite about how Wall Street houses are having a record year.

You said:
It bounce back $10 strongly from the bottom. Now the investors react to the old news again with shocking. If people over react to the old news, I will start to pickup some below $30 for long term.


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