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

To: Pancho Villa who wrote (14118)	2/27/1998 9:15:00 AM
From: ELFRAM LYEW	Read Replies (1) \| Respond to of 45548

Before the earning report, you'll see the stock up like last couple of days and also there is a pull back. so you want to wait untill then. good luck. Elfram

To: Pancho Villa who wrote (14118)	2/27/1998 9:28:00 AM
From: Laptev	Read Replies (3) \| Respond to of 45548

I've recently loaded up completely at $33 and $35 1/8. Looks like no warning and COMS is being accumulated via stock and calls. People who bought in at $33 were buying when a pre-warning was still quite possible. I also believe big money is probably accumulating based on the fact that COMS is still up even with heavy buyers back from $29-$33 now dumping with %10-%20 gains. Once the biggest money is positive there will not be a warning, they will start buying. Short interest will accrue into newer heavy buying - keeping a lid on from $36-$40. Once we get past $40 - shorts will start covering, pushing stock to $45+ quickly. Momentum buyers might get in from $45-$55. I will lighten up 1/4 of my position-and sell covered $50 calls against 1/4 at $46 however. 1/2 will ride. I've been watching this stock for a year now, and rode it up from $32 to $56. (rode alot down from $55 as well) When it starts, it happens quickly. The trick is to jump off before the momentum guys do. The value investors have been moving into COMS as well - the lows are getting higher each time the stock gets killed. ($24 last correction, $29 this correction) If there is no warning, I predict this process is already in motion, and we will not see $33 again. Good luck to all of us - the next few months shall be interesting!