3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-87.0%

Nov 7 11:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: joe who wrote (14566)	3/20/1998 12:09:00 PM
From: craig crawford	Read Replies (2) of 45548

Shorts don't just keep a $12 billion dollar stock like COMS down. If their prospects were really that good $$ would find it's way into the stock and the shorts would be forced to cover. Second of all funds don't short stocks like COMS heavily unless they are pretty sure the company has problems. COMS is not going to blow the street away with their numbers. It is only a question of how much bad news is priced into the stock and will all the shorts cover on the bad news driving it higher. There comes a point where no matter how much bad news unfolds the stock holds a certain level. MOT always screws up yet people come back again and again. HWP always misses it's earnings by a few cents and people still push it higher. IBM and others just buy back shares with their cash and people buy that too. DEC stopped going down on bad news after a while. INTC has had some crummy quarters recently but it's not off it's highs too much. I think COMS, BAY, and A$ND are all bombed out and they would have to really disappoint to scare people out of them now. Or the market will have to crack which will happen soon enough.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next