3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Nov 26 9:30 AM EST

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To: Dwight E. Karlsen who wrote (11947)	12/9/1997 10:15:00 AM
From: craig crawford	Read Replies (1) of 45548

<< Techs are getting trashed today across the board. All the charts I looked at last night suggested everything overbought across the board, so ORCL has provided a nice catalyst for a decided turn down. >> So explain to me why COMS is showing so much strength. Could it be that COMS found a suitor and figured they would clean up the books before selling out? Who cares if you pre-announce shoddy earnings for the whole year if your going to sell out. I know if I was a big company and I was going to buy COMS I would tell them to clear out all the inventory crap in one fell swoop so I could acquire a company with clean books. Would you want to take over a company with such huge inventory problems?

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