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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%11:47 AM EST

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To: DMaA who wrote (45482)4/15/2005 1:14:00 PM
From: Daniel Simon  Read Replies (1) of 45548
 
True statement DMA, but absolutely unenlightening. COMS has also been losing money the entire time, which begs the question, why can't management align costs to sales? I thought we had just outsourced both manufacturing and design to Hwuang, so whats with the high and growing costs? The guys running COMS must think it is ok to continue spending $200+ Mil to get $150-160 Mil of sales. In fact I'm starting to think they are unable to make the required adjustments, which is why I think a PE firm could turn things around in short order. Who is on the Board of Directors? What on earth do they talk about during their meetings?
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