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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. Stocks who wrote (29531)4/7/1999 5:26:00 PM
From: Doug  Read Replies (2) of 45548
 
Mr Stocks: Companies are not too concerned with shareholders interest on a daily basis especially when the next report card is only due in June.

The current sell off from the $25 level is more Investor generated rather than caused by any new News from COMS. I therefore doubt that COMS is likely to consider a breakup to improve valuation. Further the share buy back has not helped to support the price and I doubt it has been used as yet.

A directional change in COMS price will occur once a Brokerage house upgrades its recommendation based on the current price. Till then, the shorts might prevail.
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