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: American Spirit who wrote (30071)	4/25/1999 11:39:00 PM
From: Stu Bishop	Read Replies (2) of 45548

American Spirit, Regarding the following: "...I do believe it's gettin taken out this time having digested the news and logic. The bigger telcos and/or computer companies now NEED COMS to compete. And COMS cannot survive very well on its own. It's all very logical. In fact I expect something of a bidding war. Do I hear $60?..." You're saying that companies are going to compete for ownership of a company that can't survive. And you're claiming that this is all so logical. I don't understand. Here's a company whose earnings growth rate has fallen from the 40% range to 20%, their 200 DMA has been falling for over two years, and they continue to disappoint over and over. Until they show some real improvement, this is a $26 stock. You can talk about the technology all you want, and how great this company is, but what drives a stock price is bottom line performance. Most of the people on this thread are in denial for the last 28 months. This company has to show very dramatic evidence that the "financials" are improving, before this stock is worth $60 (to me) or for that matter $40. GET REAL!!! Best of luck to all. Stu B

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