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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 26 9:30 AM EST

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To: purecntry5 who wrote (11346)12/3/1997 11:52:00 AM
From: Howard Bennett  Read Replies (3) of 45548
 
Low Margin Biz...Lots of Competition. That's COMS

I think that alot of COMS investors forget how the stock price got to $81!

Remember all of the Mergers and Acquisitions COMS did leading upto the $81 high? Earnings were growing rapidly by M&A activity. It was a momentum stock at that point.

Now that their M&A activity has ceased...it is now time to look at COMS for what it really is. A low margin producer of commodity products.

FYI...I just checked prices on USRX 56k modems verses the competition (Accura, Hayes, Global Village, NewCom, Supra, and on-and-on). USRX was $147.99 -- the competition ranged from $85.95 to $94.99

Whose lunch is being eaten?
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