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

To: Jimmy Dell who wrote (18629)	7/3/1998 11:57:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 45548

COMS: BANCAM/ROB STEP has reiterated estimate for long term EPS growth of 25.00% per year on 06/25/98 COMS: COWEN & CO. increased estimate for quarter ending 08/99 from $0.41 to $0.43 on 07/01/98 COMS: COWEN & CO. increased estimate for quarter ending 11/99 from $0.44 to $0.45 on 07/01/98

To: Jimmy Dell who wrote (18629)	7/4/1998 10:45:00 PM
From: joe	Respond to of 45548

>>Plus, the action on Thurs. could have been just pre-holiday sluggishness, which many stocks experienced.<< I agree. Also, this was true on Wed. - volume was lower than preceding 4-5 days. I don't think the pre-holiday sluggishness explains everything, but I do think it's an important part of the analysis. Who knows? maybe on a TA basis, the price has to go down to a support level, but the pre-holiday sluggishness accelerated it's path. On the other hand, if some sort of good news comes out, the price may pop up. Good news, as in some major contract or Cable Modem connection, network mergers,....