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

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To: JDGarza who wrote (30320)4/28/1999 3:15:00 AM
From: Harold S. Kirby  Read Replies (2) of 45548
 
Garza: I don't know if I would compare 3com to a Rembrandt but will agree that 3com is undervalued and is a bargain even at the present price. 3com certainly has to undergo a major mgmt change and change their strategy...which I believe they will do. USRX was a major blunder by Benhamou & cadre and WS has certainly punished them for it!
I focus on the management as a first step in any investment decision...it is they who can make/break an organization. If they make
$$$ for the shareholders you stay with them or remove them. There are other factors involved in making your analysis...best to take a course in Financial accounting as well as Managerial accounting...both are extremely helpful. Then there is the dynamics of the mkt...no one has mastered nor come up with any type of model to predict with any accuracy as to how mkt dynamics will behave on any given day/moment!
There are quite a few individuals on this thread that follow 3com very closely and including myself there were many who were caught by surprise when she took her dive when she hit the 50's! As to the $40/sh buyout and how these individuals come to that figure...you should ask them to supply you with their rationale and how they come to that figure.

Regards,

HKirby
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