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


To: Jerry Olson who wrote (26556)12/23/1998 5:01:00 PM
From: Michael Ohlendorf  Read Replies (3) | Respond to of 45548
 
Just as I said, to me it means bad luck when Options Jerry is showing up on a board shortly before earnings !! Happened to me twice right now (KLIC and now COMS) ! Do not get me wrong Jerry you are my black widow !!

I am still convinced though that once the "Jerry effect" loses its force we will move up to the 50s and then 60s just like ASND did over their last two quarters after the turn around. Also look at ORCL. It retreated after the announcement to $ 36 and is now at almost $ 42. The same thing will happen to COMS too.

Until January however I think I will shift my focus from COMS to MSFT since I believe that MSFT has currently far more momentum left in comparison to COMS. I think MSFT will be at $ 160 by the end of January and split then. I also expect a positive resolution of the trial. Any thoughts ?