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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 21 9:30 AM EST

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To: Glenn D. Rudolph who wrote (13965)2/15/1998 9:31:00 AM
From: Elmer  Read Replies (1) of 45548
 
Glenn,
I just looked back to the posts to this thread three months ago. Right about this time last quarter, Morgan Stanley and Goldman downgraded the stock and it dropped like a knife.

I would guess that COMS gave those brokerages guidance about the inventory problems and may have only seen them coming late in that quarter. If that's the case, we should expect either more bad news to hit very shortly (which I hope doesn't happen cause I'm long) or no news. I think no news is good news and if we get past the next eight or so trading days, the stock will start rising.

Best regards,
David
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