3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Mang Cheng who wrote (30738)	5/9/1999 6:26:00 PM
From: Harold S. Kirby	Read Replies (3) of 45548

Mang: Excellent post...we should see some movement upward for coms and downward for csco (overvalued) and latest change in strategy relative to their switches is going to play a big part this coming week. Friday's Volumn in cisco not supportive at present price. There is more potential upside percentage wise for coms than for cisco...I will watch volumn in cisco at open...if it shows weakness at this present price...I am going to short. If my strategy is correct...I'll take profits in shorting cisco and dump them in coms. It still remains a "win-win" strategy as far as I am concerned! Wish me luck....still believe that benhamou & cadre need to exit and that some sort of buyout will occur or be announced before stockholders mtg in Sept. Coms mgmt does not want to go into shareholders mtg with price below mid 30's...expect to see company repurchase a considerable number of shares. Am getting clobbered with Iridium but am considering increasing my exposure...Motorola will have to protect their interest and will most likely increase their financing. This fact alone will take Motorola out of the picture relative to coms possible sell out. I continue to have the viewpoint that AT&T is going to show her interest in Coms technology to "lock out" the Europeans in this mkt. Regards, HKirby

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