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


To: matt fahy who wrote (21483)9/15/1998 1:25:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


>>Yes, I about sh!t when someone posted "earnings shortfall" and was ready to dump all my stock in the company after holding for 5+ years, but it didn't sound right with Eric B. having said "turned the corner" and thinking he had to of learned his lesson from prior qtrs. shortfalls and I couldn't find confirmation anywhere. Then someone posted it was MMM and I was very HAPPY :-)<<

I was rattled too, but what struck me as odd was the volume. If
it was a true sell-off (dumping stocks), the volume would
have been much bigger and it would have been a frenzy. The
volume and the no trading looked like total confusion and I was
wondering if COMS pulled off some bonehead statement that confused
everybody.

Well, soon enough we will get another chance to do
battle with the $32 mark.

joe



To: matt fahy who wrote (21483)9/15/1998 1:34:00 PM
From: Igor  Read Replies (2) | Respond to of 45548
 
>>.....COM$ is ready to BLAST OFF! (It may happen as soon as this afternoon if volume

Looks like the current price move may be attributable to buyout rumors or the earnings momentum. It may easily fall back as it has in the past. Caution to those who leverage these price moves with margin.