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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 9 9:30 AM EST

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To: Glenn D. Rudolph who wrote (11045)12/1/1997 11:01:00 PM
From: craig crawford  Read Replies (3) of 45548
 
<< I suspect the selloff at close was the daytraders getting out. They got in during the AM to
play on the Barrons article. >>

What does that say about COMS? If it's so cheap then why doesn't anyone want to hold onto it in the face of such a great rally?

As for the Barrons article...

Just look at the piece that Mr. Alpert wrote about ASND a while back and then compare it to the COMS article. In the ASND piece Mr. Alpert didn't say 1 positive thing about their future. He even went as far as having some guy from C$CO comment about why ASND sucked. Yeah, that's real credible. Go ask ASND's competitors why ASND sucks and then make an article around it. Contrast that with the piece he wrote about COMS. While he did make it clear that COMS had lot's of problems he put a positive spin on it by saying that COMS was "undervalued". He went on about their cable modems generating $2 billion in revenue (they damn well better! COMS paid $8 billion for USRX and so far all they are getting is headaches).

In summary the COMS article was fairly balanced but the ASND article was pure diatribe.

I don't have a problem with columnists having clear biases as long as they don't claim to be objective. I guess I have good 'ole Billy boy to thank for getting an opportunity to short more COMS above 38.

Bill Alpert's ASND article
techstocks.com

Bill Alpert's COMS article
Message 2844000
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