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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: miklosh who wrote (19328)	5/12/1998 6:13:00 PM
From: The Vinman	Respond to of 70976

Miklosh(off topic): Coms bounced off of a key support level at $30 today, and resistance is heavy in the $35 range. Unfortunetly, I don't think Coms will get to that resistance level soon, the CEO mentioned the possibility of lower margins in OEM business than originally expected at the end of last Q, and I think they may have to warn again. I look for a short pop tomorrow and maybe the rest of the week if market is up, but in the long run I think Coms is headed below $30, they just can't get there act together. 33% of their business comes from modems, and there may be margin pressure there also. Good Luck Vinman