3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-67.5%

Dec 9 4:00 PM EST

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To: Pancho Villa who wrote (10030)	11/12/1997 8:48:00 AM
From: Chi-X	Read Replies (2) of 45548

MORGAN STANLEY DOWNGRADE price target & 1998 estimates - got it from CNBC's Maria Bartiromo from the trading floor. 3Com (COMS) 35 1/8: Morgan Stanley lowers 12-month price target from $54 to $48 and lowers 1998 earnings estimate from $2.30 a share to $2.05... Pancho, I used to hang around Rogers but since Spring, I've been mostly long. As fro CSCO, it seems like it's still near it's all time high. It looks a bit expensive to me. Personally, I like COMS and I'm looking for it to go lower so I can snap up some shares. But at its current price, I'm willing to wait. Chow, Chi-X hath Spoken! "There shall be no wine, before its time."

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