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

To: Steve Porter who wrote (23256)	10/27/1998 11:34:00 AM
From: joe	Respond to of 45548

Steve, >>Seriously, all of this interest in COMS indicates to me that the big boys are getting in slowly.<< This is what I've been suspecting and why I haven't taken a temporary profit. Once the big guys want in, they're going to roll over everybody else, and we can add a few more pts of updraft. Look at today's early action. I see one 400K block and another 500K block. I guess I better get use to seeing those<g>. Well, we're going down a bit, so I might as well stock up a few more:-) My feeling is profit taking will happen at 38+. 35 resistance a little tough this morning, but we'll get through it. >>They are perhaps awaiting a major announcement... hmmm... wonder what that announcement might be <VBG><< I don't think they need any more announcements. They're already sold. 3Com has monopoly on all the cable modems from TCI. TCI is bought by AT&T (they spent how many $billions to buy TCI?) and is going to spend $3Billion just to update all of TCI's equipment, which I don't think includes Cable Modems. So, I think it's fair to say that 3Com has a major contract with a major serious partner, that absolutely needs to spend $Billions to gain access to the Local Telecom Market otherwise, they are dead ducks. I think AT&T has scratched out xDSL as their way to gain local telecom market share. It's ironic, because 3Com will probably be selling huge amounts of xDSL modems to AT&T's competitors (unless there was some sort of rule in the contract:-) ). btw...do you have any exit point? Or are you just playing it by ear? Oh, yeah, you had some system (non-astrological) that I should trust...what was that again?:-) joe