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Technology Stocks : USRX

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To: Scrapps who wrote (10854)2/10/1997 2:55:00 PM
From: Jeffery E. Forrest   of 18024
 
3Com is a "broken stock". It's gonna take a while for it to base and regain WS confidence. I wouldn't look at it to buy for a month AT LEAST.
Probably take a quarter or LONGER to get it's act together.(Although it "might" make a good "trading stock" while it finds a bottom and forms a base.)

I'm hearing that it's really getting killed because of competition from INTEL! I guess Intel has an Ethernet Card that competes directly with 3Com and they had to lower prices drastically to keep market share.

WOW, Naz down 22!! I gotta go look at things. Fingers crossed.
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