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

To: joe who wrote (24447)	11/12/1998 4:16:00 PM
From: MskiHntr	Read Replies (1) \| Respond to of 45548

joe, a trader has lunch brought in...how does 6,397,400 feel. Lookin' good. Best, Joe

To: joe who wrote (24447)	11/12/1998 4:24:00 PM
From: hitesh puri	Read Replies (1) \| Respond to of 45548

Maybe Saddam is suddenly expanding the number of POPs in Iraq and needs a million USR modems, you know to keep in touch with the Republican Guard. -hitesh

To: joe who wrote (24447)	11/12/1998 4:32:00 PM
From: matt fahy	Read Replies (1) \| Respond to of 45548

joe, The $33 mark was serious resistance getting over I remember, so it makes sense that it will be support and COMS obviously got a nice bounce off of it today. $35 may be too heavy of a barrier that it bounces around this range for a while. I can't watch it all day or I would try to trade the range a little bit. I feel if COMS has not made the breakout (above $40) from last report, then it will take another qtr. of solid earnings improvement. Now throw in a preannouncement (that semi-happened) and it has a little momentum, not enough is my thought. Still looking for trading range until next report and more likely than not a test of $30 in next couple of weeks. Do you see COMS sub $33 levels, range bound or breakout before next earnings report? Matt