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

To: Carmine Cammarosano who wrote (11485)	12/3/1997 8:54:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 45548

Hi Glenn, I am wondering what you are thinking...I used the opportunity on Monday to roll my puts out to the year 2000 for a credit...I feel there will be lots of turmoil in this stock for the nexty few weeks and it may even go back down to $30... Carmine, I assume you wrote puts and rolled them out? I am not sure by your post. I believe COMS will slowly recover. COMS may retest 30 on a bad day but will bounce back in my opinion. I am anticipating 40 by year end. I believe the entire networking sector is going through a product transition stage. Everything from Ethernet to GB to remote access 56K. The transition has cause a slow down in growth of sales until standards are decided and the cuctomer is comfortable with the new product. I quite bullish on the entire sector. Specifically, COMS, ASND, FORE, BAY and XYLN. I am bullish on CSCO too but feel they are ready to stumble a bit during the next few quarters. Again product transition. Glenn