3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 9 9:30 AM EST

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To: matt fahy who wrote (21224)	9/4/1998 6:36:00 PM
From: Greg Jung	Read Replies (3) of 45548

If it breaks down here that would be next target, imo. Thats just a number I pulled out of eyeballing charts when it was perched on its 1997 precipice downfall. On a valuation basis it could go lower ie if it continues to miss quarters. Still, hoping for a run of earnings beginning at the 0.20 level at 20% rate, with a 3% stock dilution rate, we could make teens out of a single earnings warning. If it went teens soon I'd buy for a trade, still a lot of goodwill amongst analysts and the market will take it back up. Strategically this is not a 3com epoch, however: not going to be one of the "I Love you" stocks anytime soon. Greg

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