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


To: mp who wrote (27405)2/3/1999 10:36:00 AM
From: joe  Read Replies (2) | Respond to of 45548
 


>>If it is only rumors, shouldn't 3com come out and say so?<<

Good question. This would definitely help. Possibly another
analyst will come out with news. All COMS needs to say
is that so far they are on track to meet the quarter.

In the mean time, flush out weak hands, which is why we can't
break 48 yet.



To: mp who wrote (27405)2/3/1999 10:39:00 AM
From: FNS  Read Replies (2) | Respond to of 45548
 
mp: Re: >>If it is only rumors, shouldn't 3com come out and say so?
Maybe there is some truth behind all this.<< Could be!

Ouch!!! I just went to the charts and saw the sell signal at 43....been sitting on my duffer holding a very long position. So technically, the stock has been breaking down....you can pick your own reasons.

Hopefully, the stock has over reacted and hope we can consolidate up from here...broke the major uptrend line on the P&F chart at 39, which I don't like - but what the h... Picked up another K at 39 5/8.

I like the company products and the management...Eric is OK!

FNS



To: mp who wrote (27405)2/3/1999 11:31:00 AM
From: Tom Gebing  Read Replies (1) | Respond to of 45548
 
mp...normally companies don't respond to such rumors. If you remember last week there was a rumor that a hiring freeze was in place. That was dispelled with the CS comments. Read the news release by Tech Data and I think you will be able to judge for yourself. Needless to say anything can happen. But I think we would have heard from the company last week at their Conference with the analysts....don't you ? See my post from last week.

Message 7411409

Regards,
Tom