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

To: Mang Cheng who wrote (26661)	12/29/1998 1:59:00 AM
From: Tim McGee	Respond to of 45548

Mang, Your comments are right on. I've been worried about the overall market too. Looks like a good start to the week. Hopefully it continues. COM$ action today was good. I think you point out many positive indicators. If the market stays strong, i think we're riding a momentum stock here. I bought a bunch more jan50 and feb 50 today to leverage a move up. I do think it will take some effort to get past 50, but with momentum stocks these days, barriers can be broken very easily. Another note, after seeing some comparisons to CSCO on this thread, i thought it would be good to do a comparison to ASND. COM$ story is better than ASND long term, IMO but ASND Forward PE is at 36 compared to 24 for COM$ for FY99. If they were equal COM$ would be a $70 stock I think some of the more optimistic analysts have given a $70 target. Tim