3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: joe who wrote (17293)	6/12/1998 3:20:00 PM
From: Wayners	Read Replies (1) of 45548

Okay I did a little homework on Prudential. They came out with their initial recommendation, a hold on 27 Mar 97. At the time COMS was near a 52 week low and trading at around $30. A hold is not a very favorable rating. Right after that COMS proceeds to double in value going to $60 over the next four months. Prudential missed it entirely. Are you going to trust this guy? I'm not. Patrick Houghton with Wheat First put out on initial rating of buy on COMS in Mar 97. That was pretty good timing except he forgot to downgrade it at $60. He's had that buy rating going for more than a year. I wouldn't trust him either. These guys are no better than the biggest novice on S.I. giving stock advice.

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