3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

0.0%

Nov 7 11:47 AM EST

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To: Moonray who wrote (27175)	1/21/1999 7:08:00 PM
From: Harold S. Kirby	Read Replies (1) of 45548

Moonray: 3com is behaving relative to her historical trend before she breaks out into new territory. Run the data of her past daily prices during the past 5 yrs...prior to breakout and the trend is remarkable similiar to what is presently happening. Many analysts during the merger with USRX pegged 3com to be a $120.00 stock if both mgmts got their "ducks lined up"...we appear to be heading in the right direction...I'll go out on a limb and say...within 4-5 months we should see 3com within striking range of 65-70. Before year 2,000 I project 3com to challenge the 90's. Clarfin is doing an excellent job, and will accelerate his Marketing Strategy focusing upon Europe and Asia this coming summer and into 2,000. China will be a focal point...expect some sort of announcement during this year. What 3com investors need at this point is, as usual with this stock is PATIENCE! It has had quite a run since the mid 20's...only a fool would expect Internut performance! I'll take a slow dime anytime over a "quick buck"! Value Investors have always outperformed "Speculators" and especially "Day Traders"! I would certainly welcome and yield to Everen Securities if 3com meets their target price of $64/sh within 3-6mo! Right now it is time to accumulate, accumulate, accumulate! Good luck...hold your perimeter soldier...we are about to make a forward attack! HK

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