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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: Dulane U. Ponder who wrote (11359)12/3/1997 12:10:00 PM
From: eDollar.com  Read Replies (1) of 45548
 
>>at 11:43 on cnbc, sr. analyst from robertson stephens gave one year price target for coms at 50. <<

Analysts can give only earning extimates (NOT estimes not real earnings).
The market decides the price it wants to pay for a stock.
I have seen so many analysts give so many price targets.
Either the stock tanks big time or blows over 100-200 % of those price targets.
I really do not believe price targets from analysts.
But I use there opinion on why the stock should move up or down.

COMS is a wonderful company. It will definitely see 50. This is possible only if they clear the mess, convince the stree that they have cleared the mess and buisiness is back to the good old days with good margin.
This is what BAY has been tying to do.
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