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


To: Doug who wrote (29895)4/22/1999 11:18:00 PM
From: Doug  Read Replies (1) | Respond to of 45548
 
Anyone: What is the price estimate ( both high and low) that COMS may be around end Jan Y2K.

Thx.



To: Doug who wrote (29895)4/23/1999 4:10:00 AM
From: Harold S. Kirby  Read Replies (1) | Respond to of 45548
 
Doug: Mkt is looking anywhere from 3-6 mo down the road. Mkt has already factored this latest qtr...much depends on retail sales and purchasing agents report. If Kosovo situation is cleared up...mkt will respond in a positive way in Europe and US. Kosovo situation is affecting the European mkt...this is a negative for 3com and others. 3com is "back filling" at this point...when shorts start covering...which they will...coming this next week we will see a decrease in short position reported sometime after the 15th/May. The techs have been "beaten up" quite badly but will come back...there are a lot of bargains out there right now and by this time next year quite a few investors will have wished they had committed themselves during the present period.

Good luck...hang in there,
HKirby