3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 29 9:30 AM EST

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To: KyrosL who wrote (34261)	9/20/1999 10:50:00 AM
From: The Phoenix	Read Replies (1) of 45548

Eric took over the company during 1990. 3Com stock increased from $2 at the end of 1990 to $70 at the end of 1996, an increase of 35 times during 6 years, or a compound growth rate of 80% a year. Anybody that can grow a company at this rate for this long can't be all bad. What do Eric's haters have to say about that? Is there something about this period I am missing? Yeah... go back and compare against the competition. Notwithstanding that we're all investing right now...In case you hadn't noticed it's not 1990. AAAaaand, if it was where would you put your money??? Not COMS! Maybe MSFT, or AOL, or DELL, or even CSCO, but not COMS. There is no question that the 1997 acquisition of USRX was a huge gamble that turned out to be a mistake Not to mention losing the NIC business to INTC, the router business to CSCO, and the RAS business to ASND/LU and CSCO. COMS management has continuously failed to take a winning strategy and ride it. That is why we all believe Eric is a loser. COMS has had so many shots a greatness and failed each time. What will be different now Kyros? OG

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