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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: Lou Helmer who wrote (10062)11/12/1997 12:05:00 PM
From: Pancho Villa  Read Replies (1) of 45548
 
Lou, my guess is as good as any. IMO they will meet consensus earnings. This is a thing of the past (the quarter endeed on October 31 and from what I hear despite all the horror stories regarding price cuts business went pretty well, even according to the street.com piece). The current price reflects future expectations.
IMO the drop is overdone but supposedly a lot of smart poeple think the stock is worth just 32-33 bucks. The same people who also thought it was worth 25 last march (April?)

Pancho
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