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

To: wallyam who wrote (25456)	12/1/1998 11:41:00 PM
From: joe	Respond to of 45548

wallyam, >>somebody wanted this stock real bad this afternoon.<< correction, not somebody, but many :-) >>can the voip purchase account for this or do you think there is more news to come<< IMO, mostly the good news that came from the hi-tech conference (in Arizona I think?...comdex?) >>48 is looking mighty close now. i think we take a pause at 48 to 49 and it could happen this week. << yeah, anything can happen. The whole market can move up. Plus possibly COMS is now starting to attract some attention from non-value players - momentum players and speculators. (still a little hard to image, but I think the market in general may be bringing this out) >>i still don't see any news supporting the markets evening rally except people like steve came back from lunch and decided the price was right.<< that was me coming from lunch:-). See above for market rally reason. IMO, most of the investing community agrees on this opinion. A lot of confidence for hi-tech came out of this. Hi-tech may propel the markets and economy out of the '98 doldrums, looks like.