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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: lifeisgood who wrote (32570)	7/23/1999 7:29:00 PM
From: DMaA	Read Replies (1) \| Respond to of 45548

Why do you think people get excited about the prospect of a buyout? HINT: It has something to do with people's opinion of the competency of the current management. Each time the stock sinks, people complain about what an incompetent CEO Coms has and what a dog COMS is. Then when it begins rising, it's the same unbridled enthusiasm and buyout rumors. Have you noticed?

To: lifeisgood who wrote (32570)	7/23/1999 10:17:00 PM
From: Herc	Read Replies (1) \| Respond to of 45548

Do you also short COMS when you think it's reached the top? Or you just long? If a stock blasts through a point I sold it, I buy more. I missed the final 30 point runup to 100 on PCNTF because I didn't. And lately I got back into ELOT when it shot up. But when I look at all the ridiculous multiples of most of the other telecom/internet companies, I think that some other telecom out there must be salivating over COMS right now. That is, assuming they have the research talent and competitive products in the pipeline, which they must have. As I said in an earlier post, using RBAK p/s multiple COMS would be at $1800 now. This has been the hottest sector recently. Still patient!