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

To: Mr. E2u who wrote (17388)6/14/1998 11:58:00 PM
From: joe  Read Replies (2) | Respond to of 45548
 


Phoenix,

Interesting comparison. I'm looking at the Ascend chart
and I see 4 times where it bounced off the bottom during
the period of begining of Nov to end of Dec. Is this what
you see?

I also see that on the 2nd bound it bounced sharply upward
from 23 to 30. Do you remember what happened to cause this?

Also, was the beginning recovery started in the month of
Jan '98 because earnings were reported then, and it seemed
to start lifting at the same time?

thanks

joe



To: Mr. E2u who wrote (17388)6/15/1998 12:21:00 AM
From: Bob Kimball  Read Replies (2) | Respond to of 45548
 
No real hurry to buy yet, but watch...

COMS is a first-rate company with a first-rate strategy despite the USRX hangover. It IS making a major bottom, but isn't done yet. The whole tech sector is sick and hasn't had a real selling capitulation or panic (yet) but this summer looks like prime time for that to occur. When it does, COMS will be a great buy. The $$ will then rotate out of utilities and internet stocks back into the core techs.


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