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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: TechMeister who wrote (22353)9/28/1998 4:55:00 PM
From: matt fahy  Read Replies (1) of 45548
 
TM,

I agree $40 seems to be a fair value for 3Com, if not more. However, it took Fore Systems three consecutive earnings that beat the street before it ran from $17-$27, and got investor confidence back. This may be happening to COMS, even though it is not a perfect comparison, just something to chew on. I expected 3Com to regain investor confidence sooner considering the breadth of 3Com's product offering in comparison to Fore.

Matt
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