SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Moonray who wrote (25337)11/30/1998 3:22:00 PM
From: Steve Porter  Read Replies (3) | Respond to of 45548
 
Moons & Joe.

Bought some more COMS at 39.. (stop loss fired this AM).. so back in now.. la-dee-da.

Steve




To: Moonray who wrote (25337)11/30/1998 7:39:00 PM
From: Mang Cheng  Read Replies (2) | Respond to of 45548
 
Hi, I'm back. The market had gone up 1500 points while I'm away so it's not unusual for it to drop 200 points when I come back today. I should have stayed away for another three months <g>. The last time I checked com's price was when it was $32, so I am quite happy but not too surprise to find that it hits $40 last friday.

As Moonray stated, the warning period is most likely gone and the chance for coms to meet expectation next month is very high.

There are signs that Asia is bottoming out. HK has a -7% growth rate last qtr but the consensus is that the comparisons should be better going forward. A newly released report said that the hotel occupancy rate of Hk is back up to 90% which shows that people all over the world is on a spending mood again. With successive rate cuts all over the world, the sentiment is quite bullish at this time.

It's going to take quite a few earning warnings to spoil this party next month.

Mang