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

To: mp who wrote (28039)	2/11/1999 5:09:00 PM
From: vinod Khurana	Read Replies (1) \| Respond to of 45548

Don't worry about day to day fluctuations or one week aberation. This stock will eventuall reach $60 by year end....think of it as almost 100% gain from current levels. You will sleep well this way.

To: mp who wrote (28039)	2/11/1999 5:18:00 PM
From: joe	Read Replies (2) \| Respond to of 45548

I don't think so mp. The cloud will be hovering over 3Com until earnings are known. I haven't read the details of the NIC report posted by Moonray, but if it shows that feb profits for NICs are OK, then this will add confidence to the quarter. (but, I don't think that's what the report mentions?...will read later). Also, today, just seems like short covering. So, IMO, be ready for COMS to go down more when market weakness hits and shorts realize that nobody is buying COMS seriously yet. (exception: if some "hard" good news comes out and encourages buyers) Right now, COMS is in the pit of uncertainty, and as CC said, the street abhors uncertainty. Damage control, and get out unless you think numbers will be close to earnings forecast...I'm betting the numbers will be OK. joe btw...I'll start up the coms.coms.coms last estimate this weekend. Send your estimates to me if you'd like. This quarter will be a real challenge for the thread<g>

To: mp who wrote (28039)	2/11/1999 11:24:00 PM
From: Greg Jung	Read Replies (1) \| Respond to of 45548

LOL - "I personally think it has been set back by a year." No doubt it will again be 33 after 12 months, but never count it to be dead. One thing it won't do, is stand still. Read this thread from the period Feb-April, 1997. This is nothing. In fact, 3com fully participated in the rally and has only pierced briefly the 200 dma. Not to say that it isn't dangerous or that it couldn't go back to 30 in the blink of an eye. It needs to probe the lower levels some more, obviously the ceiling is 45-50 and the floor is 24. This action may have re-energized the trading in the stock so that it revisits the two extremes more often. Greg