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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: mr.mark who wrote (28383)3/2/1999 2:23:00 PM
From: Michael Ohlendorf  Read Replies (3) of 45548
 
This is really one of the strangest actions I have ever seen on virtually any news - an almost 50% drop over the last month !! The stock is almost back to its 52 week low COMS hit in the quarter where they had negative earnings and the market was having a mini crash. What is going on here guys ?? Do not understand this. Some big bad news must have leaked !! I thought the company was on its way to recover after the USRX acquisition and the last results proved this. If they would make the estimates this quarter they should not sell off this much. If they warn now this should definitely be worth an investigation by the SEC !!! What do you think ?
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