3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-58.1%

Nov 14 9:30 AM EST

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To: TCGNJ who wrote (14932)	3/25/1998 1:58:00 PM
From: Ty	Read Replies (2) of 45548

Institutional support is holding up this stock. Use this chance to get out while you can. It might even go up a little tomorrow but in a couple of days it will start dropping. For example, see MU. They came out with a terrible earnings report and the stock stayed afloat for a couple of days but now it's headed downwards. If you like this stock, you can always buy it back on the dip. I'm not sure what the CC means when they said things look better next quarter. Sure they have fixed the inventory channel problem but it seems like they are still experiencing weakness in the hubs and routers side. Demand for their modems has been weak but the situation might improve with the agreement to a 56k standard. Overall, it looks like they will experience pricing pressures and lower profit margins. Not exactly a rosy picture.

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