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

To: blake_paterson who wrote (23204)	10/26/1998 10:14:00 AM
From: joe	Respond to of 45548

blake, COMS holding up pretty good. I was almost ready to sell some on this gap up, but my greedy finger wouldn't let me. I suspect something is up....I felt we had a lot of accumulation the previous two days and might break through 33.5. ALSO, VOLUME IS GOOD. 75% OF TIME THAT MEANS, we're on the trend up. >>WHAT: A major system launch by 3Com's Cable Access Group WHO: 3Com executives will be joined by an executive from TCI>> Up nearly $1 with this news in 25 minutes... Is this the one we've been waiting for? Does it redefine trading channels? Thanks, >> Probably not. I was expecting a gap up anyways. Could be good news. I suspect COMS should be in for 2 or 3 significant COMS contracts this quarter. TCI...Cable modems, IMO, not tremendous news, but you never know. Last TCI contract news was good, but it didn't move stock price, but who knows.... I think channel dynamics is same. Right now, maybe some are playing the rumor and sell on the news(possibly???) Just keep watching. VOLUME Is key IMO. joe