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


To: Wayners who wrote (19946)7/30/1998 4:55:00 PM
From: eDollar.com  Read Replies (1) | Respond to of 45548
 
>> I'd say that in the absense of any negative market, COMS or sector news, COMS will hit $25 5/16 to $25 1/2 tomorrow. <<

Let us not really discuss coms gaining 5/16 or 3/16 or 7/17 etc.
we should be discussing if fundamentals can propell this stok to a double or triple in a year (or atleast 50-60 $ range).
Majority of buyers got fooled at 35 level when it had good support and now it is at 25.

When other good networkers like LU, CSCO and ASND can go up by 3 to 6 points in a day and noting that COMS was once a8 0 buck stock this fraction gains do not make any sense. I would dump it if someone told me that coms price targer it less than 35 in a year. because in market pullbacks you can wait to invest in CSCO or LU or ASNDand get that 30-35 % return in a few months.