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

To: Herc who wrote (30656)	5/6/1999 9:59:00 PM
From: Doug	Read Replies (1) \| Respond to of 45548

Herc: What is the current Money flow and its slope. Thx.

To: Herc who wrote (30656)	5/6/1999 10:10:00 PM
From: John McDonald	Read Replies (1) \| Respond to of 45548

What is "replete with diminishing volume"?

To: Herc who wrote (30656)	5/7/1999 12:03:00 AM
From: E_K_S	Respond to of 45548

Hi Herc - I noticed the flag formation too and typically they resolve in a break out to the upside (over 50% of the time) BUT it will require significantly larger volume for the move to occur IMO. I am keeping my eye on the 50 DMA which is falling and is now around $24 1/2. The 50 DMA should continue to fall for another five trading days at which time it should begin to rise (based on the prior 45 days closing prices). Therefore once the 50 DMA begins to rise it will signal a another significant bullish move when it breaks the 200 DMA now at $32. Also, I believe the Las Vegas Interop convention starts soon (tomorrow or next week) and any announcement during the show may be the news necessary for a breakout (to the upside) in the now forming flag formation. I still think we need to test the 50 DMA once more (we tested it Monday at $25 1/2) to shake out the last nervous holders. There are some large buyers both last week and this week at $25 3/4. I saw one block buy of 300K shares Monday so smart money appears to be accumulating shares at this level. I will be loading up with my last buy batch next week with a price target of $23 5/8 - $24 5/8. My current buy points over the last two weeks are $20 9/16, $21 1/4 and $25 9/16. EKS

To: Herc who wrote (30656)	5/7/1999 4:36:00 AM
From: Starduster	Respond to of 45548

The INVESTools Advisory, May 3-7, 1999 By John Brobst, Editorial Director, INVESTools.com 1. 3Com: A Bet on a Buyout (COMS) Friday, May 7, 1999 "The company is a bet that high-speed networking will continue to be a major driver of the technology revolution. However, the stock is a bet they will get bought out," says technology stock advisor Michael Murphy about 3Com (COMS). The firm is the number two maker of data networking equipment, behind Cisco Systems. Murphy calls 3Com "an obvious takeover candidate" since Bay Networks (number three) was bought out by Nortel and Ascend Communications (number four) is about to be acquired by Lucent Technologies. Ericsson is a potential suitor in Murphy's eyes, as are Lucent, Alcatel, Siemens and Nokia. "We suspect Ericsson will make a bid and be topped by Lucent, but who knows or cares?" he says, as he sees 3Com as a one-of-a-kind stock selling at a depressed price -- "abandoned by the momentum players and not (yet) picked by the 'internuts.'" He predicts a buyout by the end of the year. 3Com has stabilized its earnings after suffering a horrendous 1998, where the company earned just $0.08 per share thanks partly to its expensive acquisition of US Robotics. Murphy predicts the firm will return $1.10 in 1999 and could see $1.20 to $1.45 in 2000. He also lauds 3Com for continuing to spend on research and development while its financial performance dipped.