3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Nov 7 11:47 AM EST

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To: joe who wrote (15226)	4/16/1998 1:06:00 PM
From: Mang Cheng	Read Replies (1) of 45548

Joe, the Cowen upgrade partially explains why the call options were active Tuesday and the run-up yesterday and slightly today. But I really don't like Cowen these days since they change their rating on any stock on the dime. They don't seems to know what they are talking about. They sounds like a bunch of guys working out from their basements - don't seems to have any more information than we do. The cutting of 10 mbps NIC prices yesterday was a good move. That's older technology and the production cost must be very low by now. And their production cost from Asia should also be drastically lower now too. That's also a pre-emptive strike - better do it yourself first before somebody do it onto you ! Mang

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