3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Ritter who wrote (10108)	11/12/1997 9:35:00 PM
From: TechAlive	Read Replies (2) of 45548

I'd wait a few more days to buy COMS yet -> Its still going down. It will probably go into $20's, maybe even low $20's. I doubt it will go below $20 though. This is part of a long overdue correction, esp. in the tech sector. Asia is weak and market won't stabilize until the correction is complete there. Analysts use this time to unleash all the bad news they can to lower expectations. The blood-letting now will permit greater growth ops later. I see this as just part of the market cycle - growth and harvest. There's been a good crop, and its time to reap. Its good to see stocks return to realistic market valuations and multiples. Only problem is if you went long too late in the cycle. You either have to cut your losses now or wait. COMS, and all these comm stocks for that matter are excellent long term plays. Tony.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next