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

To: FUZFO who wrote (22775)	10/14/1998 1:40:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

>>Joe, bid 29 3/6 x 7/16 ask. with my luck I will get out this week above 30 and the stock will blow past 32-33... who knows. I really believe its going to be testing 40 within 6 months , but my stomach can't take the 25 to 32 trading range anymore. If G-Span lowers rates and COMS announces the ATT deal that should be enough to get it over the hump, otherwise...<< Yeah, I know what you mean about going down. I think that was my 4th trip<gg>. Matt pulled a good move and sold at around 30,31. I may think of the same, if it looks like we're going for another trip south. For now, I'm going to ride it up, and I think it may try to crack 33. I'll see how it goes, if resistance is a little tough, then I will consider backing off some. Heck, we can make a lot of money just by selling when it's going down to 25, and rebuying low (easier said than done though). This last time, it took me by surprise that we went to 25 because, unlike the past, this time COMS fundamentals are good. It went down for market reasons, which is something I have to stay focused on. But, this time, I'm starting to have the feeling that people are getting their confidence back in tech and tech stocks are very oversold. MSFT reports early next week I think. So my strategy is to ride this snowballing confidence in tech for a while...maybe do a little profit taking as Wayne suggested in a few days on the way up. I haven't lost faith that this stock will see 40's. Now it's a market problem...not a COMS problem. But, IMO, the market will be getting it's confidence back in tech. We'll see. I bet Wayne's glad he's long today<gg>. I wonder if he's going short at 31 or so (for profit taking)...we'll have to bug him about this, since he's calling some good moves lately. Also, fuz, the company is doing better to the point that it doesn't HAVE TO get this AT&T contract (I'm not even sure why/how the COMS name is associated with it). COMS is starting to have so many quality products that it will win one way or another. joe

To: FUZFO who wrote (22775)	10/14/1998 1:57:00 PM
From: Moonray	Read Replies (1) \| Respond to of 45548

Lucent, 3Com Introduce New Switches InformationWeek - 10/14/98; 12:00 a.m. ET Two major networking companies unveiled switches for LANs, products that add yet more capacity to meet the demands of bandwidth-hungry applications. Murray Hill, N.J.-based Lucent (company profile), as expected, started selling its Cajun Campus family of switches, running the gamut from stackabledesktop switches to high-end, chassis-based products that act as the LAN backbone. The devices range in capacity from 4 gigabits per second to 80 Gbps, and in price from $1,695 to $23,000. The Cajun Campus line consists of rebranded products from three acquisitions -- of LANNet,Prominet, and Agile Networks. The products represent Lucent's first major push into the market for LAN data- networking devices. Meanwhile, Santa Clara, Calif.-based 3Com (company profile) introduced the packet-switching version of its next-generation LANswitch, the CoreBuilder 9000. This switch is intended to be used as the core of a LAN,supporting connections to the wiring closet and edge-networking devices. The CoreBuilder 9000 has backplane capacity of 560 Gbps, and can support 126 Gigabit Ethernet ports and 504 Fast Ethernet ports. Pricing for a base package, available now, starts at $35,800. The ATM version of the CoreBuilder 900 started shipping last month. o~~~ O