SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: William Wang who wrote (18493)6/29/1998 8:11:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 
WW,

what's your opinions on the following?

1) when window dressing finishes (tomorrow I assume),
do you think that the big cap techs, that are doing well
now, will take a pullback or continue going up without
a pause? Keep in mind that
preannouncement month is over, but then again, it seems
that market assumed it was over sometime last week.

2) What do you think chances of hitting 40 within a month?
I think that the street has enough info on how the company
is doing to know that it's just a matter of time before
it's a solid company. In some ways, it's doing better
than expected...Also, there's lots of good details, that
will be larger generators of $$ later on,...for ex. gigabit
ethernet, and Palm Pilot.

AND, interest rates are lower and here to stay, so basically
every stock (that is not a total dog) will be moved up
in price to reflect a different valuation due to int. rates.
I think this is a big part of why MSFT, CSCO, and others are
hitting news highs and seem to have no top to their prices.
This is in addition to the window dressing as you say.

If COMS is being temporarily put aside for purposes of
window dressing, then why would buying possibly start
tomorrow, instead of Wednesday?

ANYBODY know the time of analyst meeting tomorrow?

thanks,
joe