3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00170

-19.0%

Dec 26 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HVN who wrote (21233)	9/5/1998 3:45:00 PM
From: vinod Khurana	Read Replies (1) of 45548

Have not heard about the deal with AT&T but if true, should provide a boost to 3COM come Tuesday/Wednesday. Technical charts indicate stock rising back to the $26 level followed by $29 over the short term and then $35 within 12 months if not sooner. That represents just over a 30% return. Long term investing folks....that's the old fashioned and proven way of making $$$$. I bought in at $24 1/4 on Friday afternoon. The worrisome part is that many stocks are hitting new 52-week lows and 3Com is not to far from $22 7/8. Cannot say how far down it will go before coming back up but accumulation is recommended. I have confidence in 3COM earnings going forward. For example, large reseller I recently worked for was shipping the 3COM switches and hubs by the hundreds at small-medium size business's. Makes one hell of a difference in fast ethernet toplogys.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next