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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130+1,200.1%Nov 7 11:47 AM EST
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To: gfr fan who wrote (11958)12/10/1997 8:54:00 AM
From: Ramsey Su  Read Replies (1) of 45548
 
craig and gfr fan, there are so many posts on SI these days that my brains and eyeballs are running out of capacity. Thanks to both of you for answering some of my questions.

I opined that we are heading into major recession in some parts of the world and minor/no growth in others. This scenario does not bode well for high tech. Overly optimistic models are now proven to be unrealistic for the likes of ORCL.

Of all the stocks that I follow, denial is probably the best description of the tone of the day. Though many analysts have revised earnings, none have really allowed for the possibility of widespread negative growth for the next few qtrs.

Yes, networking will still be a high growth segment. I just think that there is no hurry to jump in.

Ramsey
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