3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Nov 21 9:30 AM EST

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To: Mark Glembocki who wrote (29538)	4/7/1999 8:47:00 PM
From: Slaran	Read Replies (1) of 45548

COMS doesn't need buyout rumors. It is being driven lower by sentiment, and the funny thing about these things is that only when sentiment is at an all-time low will it truly bottom. Believe it or not I'd welcome negative news on this stock because it just means that the day of the bottom is that much more near. Sure, it would be nice for it to open up at 45 one day on a confirmed takeover, but for those like me who own it in their cash accounts in an IRA, it really can't go too low. I mean, each point it goes down sees several millions in market capitalization deteriorate, and believe me the #2 networking company in the world will not have a zero market cap. Ridiculous. -S

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