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

To: blankmind who wrote (16074)	5/23/1998 11:37:00 AM
From: Wayners	Read Replies (1) \| Respond to of 45548

I think you have some good technical points. Technically, I'm a big fan of bollinger bands which give insight into where to expect large or small future price moves. To do this you look at the width of the bollinger bands on price. At the end of a large price move, the bands peak in width and start to narrow again. With COMS, that's where it is now. The big price move (downtrending) is behind it. I expect price to consolidate here within the bands. I'd expect price to oscillate roughly around the $30 level looking forward 4 to 6 weeks. Its at these volatility peaks that it is advantageous to sell/write puts or calls out of the money.

To: blankmind who wrote (16074)	5/23/1998 4:09:00 PM
From: Mark	Read Replies (1) \| Respond to of 45548

The Financial Post (Canada) had a good overview of the weeks activity in New York which may help us understand what not to expect with COMS.... The article - in a conservative publication that is very factual oriented - was tongue-in-cheek about the past week and prospects. For example it said re: DELL that analysts expected DELL to come in at such and such earnings. DELL reported earnings 2 cents/share above expectations so pummelled DELL down $10. This is not what one would expect but it appears the analysts expected earnings better than 2 cents above the expected price. No one knows what to expect about expectations. Anyhow, I am thinking that enough negativity is built into COMS and, as indicated by numerous players, its all the small guys panicking with the institutions looking to make some big bonus money over the next 2 weeks at our expense. Kind Regards, A bull who sees COMS running up to $36 in short term than finding resistance at $33 for abit

To: blankmind who wrote (16074)	5/23/1998 8:40:00 PM
From: robert marshall	Read Replies (2) \| Respond to of 45548

Blankmind, right now, is probably a risky time to enter. the price may continue to go down in low volume. if volume picks up and the price begins to rise, it is time to purchase. if volume shows accumulation, this is a fantastic price level. I agree with this statement. Next week will tell the story. My gut tells me there is more downward pressure on this stock. I feel it will go down another point or two on low volume. Then the June swoon for the techs will push it down to the numbers I have predicted previously.During this sell off volume will pick up as people are dumping lots of tech stocks moving to the bank stocks or something else just as boring. And those with patience can pick up COMS, INTC, MOT, HWP, CSCO, AMAT, etc and ride them to nice profits through January 1999. As always I may be wrong but I am patiently waiting to buy this stock at lower prices in July.