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


To: joe who wrote (18646)7/4/1998 10:36:00 PM
From: blankmind  Read Replies (1) | Respond to of 45548
 
i am still catching up on your 1/2 million posts as i was on vacation, thank you for the summary.

yes coms has retraced some, but on heavy volume, with a very zig-zag pattern, unlike the last time coms dropped on low volume. it would seem coms is due, and i am waiting. some are waiting for bargain prices of 27 1/2 or whatever, but if/when coms pops prior to hitting this number, we shall have many who have purchased. some are cleaning out there coms as the price rose, those who want to cut losses, and those who purchased low who want nothing else to do with coms.

glenn has been kind enough to post the upgrades/downgrades, he did this on the asnd thread during asnd's trying times, and the upgrades with diminished estimates were the norm. coms is following asnd's footsteps, and i will not be surprised if coms closes in on asnd's stock price sometime in the next 6 months.

most companies diminish expectations, without it, they could never meet analysts expectations. do you think sales will be flat?