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


To: Benkea who wrote (18720)7/6/1998 11:21:00 PM
From: Jeff Mills  Respond to of 45548
 
The WSJ will report in the morning that 3Coms' Palmpilot creators are quitting to start their own venture. Is this old news?



To: Benkea who wrote (18720)7/7/1998 12:26:00 AM
From: William Wang  Read Replies (1) | Respond to of 45548
 
<<I am sitting on a $4200 loss already, and I got a feeling it is going to get worse before it gets better.>> Should you have listened to my advice, staying on the sideline, you would have a good night sleep.

The chart doesn't look good.
1. Still lower low, lower high pattern
2. Just dropped below 50 day moving average
3. is going to fill the 28~30 gap.
4. Must hold above 28, breaking this support level means <<it is going to get worse before it gets better.>>



To: Benkea who wrote (18720)7/7/1998 12:32:00 AM
From: blankmind  Respond to of 45548
 
coms continues to keep expectations down, so as to meet and beat them. this has been a slow creep downwards. i think it gets better this week, the slide has been slow.



To: Benkea who wrote (18720)7/7/1998 8:39:00 AM
From: Wayners  Respond to of 45548
 
Seems to me that as long as nobody lowered estimates or downgraded COMS after the meeting that all is well. Volume is low on this dip. I maintain that it will retest $27 to $28. You just have to be able to stomach it. Another option is to write the $30 calls, but I think the timing will get you called out if you write the Aug. Don't think you'll get much for the Jul $30's, but take a look--its better than nothing.