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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-67.5%Nov 7 11:47 AM EST

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To: Jeffery E. Forrest who wrote (8799)11/7/1997 12:54:00 PM
From: dougjn   of 22053
 
Coms won't hit bottom until people basically write the whole modem market off as a slow/negative grower, without great prospects going forward. xDSL products are ahead but USRX's position there is very much unproven, with losts of others having apparent head starts. Coms going much lower, probably will revist April neighborhood...which was based on believes which are coming true...modem and nic markets both look to have lousy margins, modems lousy volume. Bad.

Higher end switches and concentrators in Csco/Asnd space offer hope, but not immediately, and still unproven as sellers.

Doug
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