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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 29 9:30 AM EST

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To: David E. Taylor who wrote (44104)7/22/2000 8:50:29 PM
From: glennperkins  Read Replies (1) of 45548
 
David,

I agree that the shedding of COMS by the S&P index is short term negative on the security. I also picked up a few shares (after my broker found out how to trade the stock - cost me a $1 per share .. in at $12.75).

Based on your understanding of the COMS business .. how many quarters before they show positive earnings? I am thinking that if the stock slides to $9 to $10, it might be an opportunity to pick up a few more shares. After all .. they still have $8.75 cash/share and $14.50 current assets/share.

What are your thoughts on how the 'market' will value this liquidity.
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