3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-87.0%

Nov 7 9:30 AM EST

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To: bgg who wrote (32067)	6/23/1999 1:27:00 PM
From: P.M.Freedman	Read Replies (2) of 45548

Today's drop was due to the confusing numbers from 3Com. Better earnings, but lower revenues. Is this reasonable for a turning around company. Yes, it's normal for a company that is going to stop the old product lines and speed up the new product lines. I believe the sell-off was overdone already. The high demanding on COMS shares and the lacking of sellers forced the MMs to short COMS. We may soon return to around $30 where I believe the values should be. Good luck!

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