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


To: blankmind who wrote (16012)5/22/1998 11:06:00 AM
From: Peter Yang  Read Replies (1) | Respond to of 45548
 
>>volume is back so far today is the god news, the bad news is we are down 3/4.<<

blankmind,

Down on heavy volume is not a good sign. UP on light volume after down on heavy volume is not exciting either because it means the (down) trend is not reversing, which exactly what coms did in the last a few days. I'll get in only when COMS is up on huge volume (e.g., above 15 million shares) because it's a sign of possible reversal. My gut feeling tells me that COMS will either miss earnings or warn? The signs are so similar to what happened to ASND last year.



To: blankmind who wrote (16012)5/22/1998 11:08:00 AM
From: joe  Respond to of 45548
 


>>i hope you are working today because we are in another serious funk day. volume is back so far today is the god news, the bad news is we are down 3/4.<<

Yep, back at work -- but maybe I should've started my
vacations sooner...

Seems like COMS should be renamed ASCEND II according to
some posts.

Hopefully, the difference between ASCEND and COMS is
that COMS will come through their quarter with some Modem
sales. Right now, I'm trying to see if there's
any clues of that around....

Anybody know how to start a rumor? :-)
(Psst, COMS just sold it's 15th million x2...)