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


To: Mr. E2u who wrote (18001)6/23/1998 12:09:00 PM
From: Mr. E2u  Read Replies (2) | Respond to of 45548
 
Let's look at the bright side here! CS came in at %50 of their expected earnings and they are only down about %10.
If coms does that then we may only retest the low of $24. 10% of $26=$2.60 so we are looking at a retest around the low and many of us know that $24 is a pretty hard nut to crack....so maybe we will get a bounce off that.

On the other hand if we get closer ,meet or beat estimates and/or get a good CC we could move up fast and never see that dreaded $24 again. Where's Nostradamus when you need him?

Good Luck
Brad