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

To: joe who wrote (23616)	10/30/1998 1:42:00 PM
From: Steve Porter	Read Replies (1) \| Respond to of 45548

Joe, Steve, as far as I'm concerned they had positive preannouncement YESTERDAY. The general public still does not know about it though. COMS had their small analysts group to stroke, coddle, and hand hold. They let us have tidbits for their own reasons. But by earnings, especially if your .44 is correct, it will be $50. This is exactly why the big boys won't let it fall too far. They don't want to look bad and want to get the price up. They know that COMS is going to do well and preannounce. I can see taking some money off the table after the preannouncement. For now the price won't sink far, until either a) preannouncement or b) earnings or c) an announcement of a huge deal. The price will sink a bit after the pop from any one of those, but other than that it looks good. Steve