3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.0001000

0.0%

Jan 23 9:30 AM EST

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To: Martin Milani who wrote (11503)	12/3/1997 11:23:00 PM
From: eDollar.com	Read Replies (1) of 45548

>>I didn't see the CNBC interview ..I was working...what was I doing ..? << Martin, Thanks for your post. I totally agree with your post about the tecnology in which 3Com is. But what I am concerned is that we have to be careful here. Very careful. Stock market is a place where you should try our best to make money, not talk of great technology. Well not exactly that because the 2 are intertwined, as the ends will meet eventually. That is in all my posts I have said, 3Com is a great company but the immediate future is very bleak. I would live with this if for sure this was a very good reason for a short term bottom 2 years down the road they will probably do very good. This price of COMS is still ridiculous and a 20-30 % correction is inevitable, regarding the problems they will be having, and more to follow. Cable modem, Java NICs will be developed and the companies will have to go thru product transition and more uncertainity will prevail. At the end of the tunnel we will see light., hopefully. Currently One more bad quarter or 2 is sure to happen for COMS. May be then the street will drives COMS to ridiculously undervalued levels( and I would love to see it for me to get in). It did to much more quality companies than COMS. When INTC went to 25 and AMAT to 11 Dell to 7 ( about a year and 1/2 ago) . COMS will be no exception, if the street behaves at it did in past. Rign now it is not a good time to go long. Of cource it may rally to 40, but this will be a purely sympathy rally with techs and soon it will drop below 30. May be shrots will benefit then more than longs

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