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


To: craig crawford who wrote (17178)6/9/1998 3:18:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 
>> Means I don't care. Meeting their earnings estimate is not a prerequisite for going higher. Look at BAY and DIGI!<<

Then this is a replay of last time you went long. It was
when the market was raising prices no matter how much
a company missed it seemed. Even COMS went up a few
points and hovered around 37-38 after the last earnings report.

>> Look at BAY and DIGI! <<

BAY is going up becomes of the Network merging theme. DIGI
was just bought out by Alcatel.(I don't know if they
kept going up after the announcement.)

CIEN went up also after the announcement, but hasn't moved
much since.

I don't know why you'd put COMS into this equation (at least
yet), since there's not much talk about them being
bought out...though who knows what's going on behind
the scenes.

Also, didn't you forget to mention ASND? :-)



To: craig crawford who wrote (17178)6/9/1998 3:26:00 PM
From: Eric L.  Read Replies (1) | Respond to of 45548
 
>>Does this mean you think they'll miss earnings or you just can't call it either way? <<

I too have misplaced my crystal ball. However, with the news today about the "technology sharing" for ADSL with Lucent and NN, the enthusiasm about the future coupled with the recent beating COMS has already taken could lighten any disappointment missing the estimate could mean and magnify "good" earnings. (I apologize for the run on sentence!)

IMHO of course.

Keep the Faith!