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


To: Jim Bautch who wrote (22203)9/24/1998 8:19:00 AM
From: FUZFO  Respond to of 45548
 
from briefing.com:
Investors sold the fact, as 3Com (COMS) drifted lower despite posting better than expected earnings... Stock had run up sharply in anticipation of a good report... Quieting down of takeover rumors also depressed share price... However, inventory problems largely resolved
and sales picking up with advent of new products... Tough resistance in the 32 1/2-33 range... Close above this area will leave stock positioned for near-term test of 40 area.