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


To: joe who wrote (23129)10/22/1998 8:20:00 PM
From: matt fahy  Read Replies (2) | Respond to of 45548
 
joe,

>>I'm looking at the 5-day chart. I wouldn't be surprised
at a gap up. If so, take some profits and rebuy when
it closes the gap.<<

Are you really taking profits on gap-up tomorrow? Yeah maybe a good idea as long as you jump right back in if it closes the gap in the morning and markets appear ok, it is looking like tomorrow has a good chance of being an up day as long as no serious bad news comes out. The last couple days there have been alot of sellers I believe and it has not exhausted the buyers yet.

There may be a very good chance of having the 15 million shares traded during the day and test $35 area...short term channel still rising? The last two days have been around 9 million vs. avg. 7.9 million. What do you think?

Matt



To: joe who wrote (23129)10/22/1998 10:50:00 PM
From: Barkat  Read Replies (1) | Respond to of 45548
 
Did you guys run the "conservative" Raymond J Norris off? Just wondering what he is doing over on the Yahoo thread. Also, what are peoples thoughts around here on revenue growth? I think COMS is going to have a tough time gaining much more with-out putting up some great #'s or showing something concrete. I'm showing the current First call mean of 0.31 on December 7, FC is also saying there were 12 downward revisions made in the last 30 days for this Quarter. COMS wont be showing for 1-1/2 months and the current sentiment on these boards is acting like they have already put the #'s up. Any gap up, or large move and I'll be thinking of selling Nov. $35 calls to who ever is gutsy enough to buy them.

BTW - How about that moon tonight.

This is my first post with my new identity on SI, so do not read to much into it, I just more or less wanted to post something.