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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: Sabrejet who wrote (11226)12/2/1997 9:35:00 PM
From: SHW  Read Replies (2) of 45548
 
Assuming COMS make $0.09 this quarter, maybe $0.20 next quarter, hopefully $1.00 for the next four quarters. Would you buy COMS for $30 if you were told that will be the new estimate? Don't tell me how great this company was, who cares. The future of COMS really bothers small investors like me. What makes you think 1999 will be better than 1998?
One simple fact: Why so many insiders starts to sell their shares when the price was in the low 40's? Don't you think they know better than you. Why so many positive news to bring the price to $39 1/8, and then suddenly drop like a rock? The answer is "INSIDER KNOWS BETTER THAN YOU ARE, AND THEY KNOW THE FUTURE IS SUCK."
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