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

To: Mang Cheng who wrote (15991)	5/22/1998 1:11:00 AM
From: robert marshall	Read Replies (3) \| Respond to of 45548

COMS is headed down to 22-23 just like ASND did last year. It will rise back to 48 in about 9 months once the new bottom is reached. Again that is what ASND did. These companies lose their way drop to levels that are way oversold and rebound giving a great profit to those that enter at the bottom. Don't try to catch a falling knife I did that with ASND brought at 43 at 33 and at 23 learned my lesson well will get COMS at 23 or will not get it at all.

To: Mang Cheng who wrote (15991)	5/22/1998 2:55:00 AM
From: joe	Read Replies (1) \| Respond to of 45548

To COMS thread: This is from the Analog Devices INC. (ADI) earnings report: <<< "Our general-purpose DSP IC revenues grew 16% year over year in the second quarter," commented Mr. Fishman, "but declined sequentially following a very strong first quarter. This is consistent with results recently reported by other leading DSP IC suppliers. General-purpose DSP orders began picking up in April, led by strong activity from leading remote access server (RAS) modem manufacturers for our low-power DSP modem products. Our RAS customers include the largest RAS equipment manufacturers in the U.S. and Europe. . . .>>> Anybody have any idea who the modem manufacturers are? Even if it's not COMS, at least it may show that 56K Modem sales are picking up. Any comments? joe

To: Mang Cheng who wrote (15991)	5/22/1998 6:26:00 AM
From: craig crawford	Read Replies (3) \| Respond to of 45548

>>> I think the main reason coms dropped so much these last couple weeks are that : 1. Intel, mot, hwp and even msft - these high-tech leaders - are dropping, in the case of intc and hwp, the drop was pretty steap. 2. A self fullfilling prophecy that the market shall correct in June so MM and big-guys led the pack and started to dump first. <<< I hear lots of excuses as to why COMS is dropping but some aren't willing to admit that it's entirely COMS fault. A$ND is rebounding nicely, C$CO is making new highs, FORE and XYLN are approaching 52 week highs. I am beginning to think that COMS won't stop going down until the bulls accept that COMS has screwed up big time and everyone decides to run for the exits.