3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-67.5%

Nov 7 11:47 AM EST

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To: Michael Ohlendorf who wrote (28119)	2/16/1999 10:59:00 PM
From: Joe S Pack	Read Replies (1) of 45548

Possible reaction tomorrow: COMS may shed another dollar or two as it has some strong relation with DELL (preinstalled NIC, modems on Dell laptops, DSL modems etc.). Though DELL's margin has increased by 0.4% for this quarter that should not exert any pressure on COMS margin and DELL's revenue increase should increase COMS revenue. But market will take it as a negative development (sky is falling on DELL) and will excuse itself to short saying that future revenue will decrease. I will wait for a few more days before I cost dollar average a few hundred shares. I will cost dollar average in increasing volume if the following price targets are touched (30, 28, 26, may be 25). But I think 28 is doable within another couple of weeks but not less than that unless market tanks big time. We have another couple of weeks to get any prewarning. If there is none we can assume that everything is in order. If they leak then we will see mid 20s and lose all credibility with the street and stay there for a long time. -Nat

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