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: Thomas George Warner who wrote (7699)	9/4/1997 12:51:00 AM
From: John Sanz	of 45548

Come on T.W.G. It clearly looks that you sold your position (probably at $46 or so) and you are trying to short the stock to get in again cheap. What follows is YOUR post from only 3 days ago. NOTHING has changed in the fundamentals of this company in three days. "< Howie I agree with your opinion for this stock to settle in high 50's by the end of the year. It is slightly undervalued at this time at 48 15/16. With earnings of $2.05 and 28.5 times earnings it brings the stock to $58.42 fair value now >" How come you are now saying that this stock is OVERVALUED at 48 11/16 if only three days ago you said the stock was UNDERVALUED at 48 15/16? I am sorry, but I do not understand. This stock may go down a few more $, but it will not last long there. By the way, I would not touch a mature networking stock trading at P/E=50 like CISCO. JMHO.

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