3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Mehrdad Arya who wrote (34918)	10/6/1999 6:49:00 PM
From: Andre Williamson	Read Replies (2) of 45548

I don't see economic slowdown in the cards. Nor do I see the Internet "craze" grinding to a halt. Quite the contrary, it will continue to expand full steam ahead regardless of what the Fed does. But I do agree that there are some crazy valuations out there, because many people simply follow momentum and not the underlying fundamentals. Witness how many posts here argue about whether the stock was up or down a quarter point and what that means. Here's what I think: it means squat. At some point in the next six months I think coms will be over 40, perhaps much higher. It may drop from here before getting there; it may not. But I'm confident it will get there. I consider COMS at these levels an easy way to make a good profit in a year or less, and perhaps much sooner. I'm not shooting for as short a time frame as Gary, since I have neither the time nor resources (nor knowledge) to do so. As for Graham and Dodd, I don't think they'd care much for 3COM. Andre

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