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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00010000.0%Jan 23 9:30 AM EST
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To: eDollar.com who wrote (11516)12/3/1997 11:44:00 PM
From: Martin Milani  Read Replies (1) of 45548
 
well I am not burning too many cycles trying to explain the behavior of the market..because noone can..remember the wall street test where they had monkyes who randomly picked stocks and over 2 years they beat some of the best fund managers in the market...in this market anything is possible..I am alos not saying 3com will not go any lower..it might...you either think this company will be much better off in 6 months to one year or not..from what I see everyday..they are kicking ass..and they will be back in a while...maybe less than 6 months....3com is not in the same class as CS or Ascend...3com is much more diversified and competitive than those two...All the Bears on this thread doing is looking at the behavior of CS and Acsend and drawing conclusions...sorry....not quite...bottom line is you have to look at a companies product line and their position and prestige in the market sector the represent....the trick is to buy LOW and sell HIGH....there is a meaning behind that...there is no way to acurately fish the botton other than luck or insider info..so the question is
is 3com going to be fine in 2 quarters..? I say yes..and you might say no...this is what this is all about...I am just trying to clear the air about a lot of pure non sense without any real merits coming up with all kinds of doomsday scenarios..thats all they are non sense
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