3Com Corporation (COMS) Message Board

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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 (22218)	9/24/1998 11:58:00 AM
From: Igor	Read Replies (2) of 45548

Joe, IMO, 3COM's price drops may be due to momentum players exiting. A lot of people bought this stock on the hope that the company turn around theme would have generated a big jump on the stock price. My feeling is that institutions may be shying away from this stock since the company earnings have been reflecting that 3com is becoming more of a low margin business. I hope I am wrong, but the price support level in the next few weeks/month should tell us something. Could we agree that the merger related problems are cleared?

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