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

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To: Michael Ohlendorf who wrote (28390)3/2/1999 2:45:00 PM
From: opalapril  Read Replies (2) of 45548
 
I for one (or maybe two) would also appreciate a thoughtful analysis of COMS' price action over the last few weeks or months, from some cooler head. Is it some fundamental problem with the company of a chronic character, something fickle and transitory about WS, or something else altogether different?

I understand the different reporting period, the business about this quarter being customarily slow, the after-the-fact downgrades, and all of that. But none of this seems to explain why COMS has lost so much more of its value in a short time than industry competitors.
Alos, I can't quite buy the razzing Eric B. gets from all the cocky know-it-alls around here. Am I mistaken? Does the whole of WS share that view? I also can't join the drum-beating of others about how a flurry of press releases would be some sort of panacea. That is ridiculous.

I assume that company management, unlike this board, is not focused on hourly price swings of the stock but rather their job(s) of running the company. But the precipitous and persistent decline in the stock price seems, I agree, highly unusual -- all the more so since the first leg of a -30% drop preceded the general tech drop by at least two and half weeks and this second leg of another -20% either is NOT mirrored in most other computer stocks or is much, much greater.

Is there anyone out there who can offer a real world explanation for why this otherwise successful, profitable company has a stock that has done so badly for so long?
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