SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-13.3%Nov 7 11:47 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jesica Dawnet who wrote (9095)10/16/1997 10:12:00 PM
From: Moonray   of 45548
 
Jesica, first let me say welcome to the thread.
Those $60-$75 target prices are not mine, they
are those of the Broker/Analyst community. These targets are still
there with their recomendations, by in large. They do NOT represent
an objective to be reached two weeks after a recomendation, but
rather a price point to be reached sometime within (usually) 12
months. The Dow was off 119 points today, the Naz even more on a
percentage basis. I would have expected COMS to lose ground today,
but maybe not as much as it did. I believe COMS will attain that
target range but not without its ups and downs. Your worry should
not be COMS, but whether the general market is in a protracted
decline. As of this date it does not look like bottom to me. If you
were to look at the yearly trading range for each stock printed
at the end of any year, you would see that the high is at least
twice the low for almost every stock. This is the normal range
that all of us have to live with. I can see that this might be
upsetting to you if you are looking at it on a daily basis. Ask
yourself if you think the Internet will continue to grow on a
worldwide basis over the next five years. If you believe it will,
then COMS is a good investment for you. That is their business and
their history, capitalizing on the growth of communications.

o~~~ O
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News