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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 (18673)7/6/1998 2:38:00 AM
From: William Wang  Read Replies (1) of 45548
 
From Briefing.com

Brief: 3Com relief rally (in response to an as expected earnings report) running out of gas, as stock fell back below 30... Stock's inability to follow through on gains is evidence that street remains concerned over prospects for sales and earnings growth in the increasingly competitive environment... Takeover talk has died down a lot, as a couple of weeks have passed without a deal...

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I think 3Com needs to do more to convince the street other than just saying "new products are the key to the growth".
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