3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-13.3%

Nov 7 11:47 AM EST

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To: jach who wrote (28815)	3/7/1999 2:49:00 PM
From: Al Cano	Read Replies (2) of 45548

Believe you are right!! COMS is undervalued but needs time to recover from the sharp sell off. 50% in about one month is very huge drop, and I believe - it is uncalled for etc.... The analysts were saying the stock was a buy at 45 to 50 range, so why then .... is it not a buy at these levels???? COMS has always had bad third quarters. This quarter is the worst in some time. Nonetheless, COMS will recover. They really need to refocus on their core business model and execute. They should be thinking in dividing it into three businesses. Siemens is still talking to them, I believe. And, I read that some news to be out on Tuesday with Siemen. HOWEVER, it might be nothing but some other type of partnership between them or development project of some type. I would not be surprised to see the stock trading in the 29 to 31 range shortly with the market going to 10,000. Again, it might take some time to reach these levels again. I own a position the COMS.

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