>>But seems what institutions are looking for is Eric B.'s
departure.<<
The institutions may want a change in management, but
they definitely don't want to see Eric B. leave. He's
considered a good guy.
The new executive coming in, Claflin, is a hands-on,
operational person with excellent marketing skills. I would
think that's exactly what the institutionals have been looking
to see.
It just takes time to turnaround the company and patience
is required. Usually 2 consecutive stable quarters
are needed to prove that the company is back on its feet.
We are all hoping that since we've had one good quarter,
and things are looking good, that the market would
respond. Especially, when net stocks and hi-tech big
caps are skyrocketing upwards. Well, it may be too
much to soon to ask. Also, a lot of $$ are flowing
into MSFT, DELL, AOL, YAHOO. Today, AOL is up 8 1/4,
and YAHOO is up 10 1/2. The market caps on these guys
are possibly bigger than they are for COMS.
The market right now is being very cautious by going
into big-caps and certainly there's no movement into
the small caps. (The exception is how $$ are flowing into
the Net stocks which seem to be total speculation).
So, I'm wondering if 3COM is being temporarily treated
as a mid or small cap. |
