3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00170

-19.0%

Dec 26 9:30 AM EST

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To: craig crawford who wrote (21173)	9/3/1998 10:09:00 PM
From: Greg Jung	Read Replies (2) of 45548

Here's a sobering excerpt from that article: Even for companies with the strongest fundamentals, there's enough cushion left in the stocks' valuations that it's difficult to call a bottom just yet and easy to be worried about a further drop should signs of recession materialize. "There isn't anything in terms of core asset value that you could point to," with respect to many networking stocks, says DLJ's Buck. "In order to say, 'Hey, these guys can't sell below that [price].' At least not until these stocks go much lower down than they are today." Craig, have you turned soft on 3com? Greg

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