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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 16 9:30 AM EST

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To: Scott Lerner who wrote (14986)3/27/1998 4:01:00 PM
From: Don Bebout  Read Replies (1) of 45548
 
Scott says <<The stock has been a piece of shit for a long time - it is not at highs. Disregard P/E. P/E's are meaningless on turnaround tech plays...I guess if we all followed your style we would have bought MU on their killer earnings a couple years ago when it hit 95. Things really looked great. The only problem was it dropped right to 18.>>

I thought the same thing when MU went from 95 to 55...and again at 45...finally sold at 30 and watch it go to 18.

Good luck,
Don
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