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

To: Captain Jack who wrote (32793)	8/4/1999 12:15:00 AM
From: Mehrdad Arya	Read Replies (1) \| Respond to of 45548

You can always change management, but you can not always invent. Even the greatest of managers will have difficulty in reversing a companies demise when there is no demand for its products. In the case of COMS the investment community must be blind not to see the progress they are making in broadband and wireless, not to mention the new fields they have chosen to enter. I for one think that their purchase of NBX Communications was excellent and that their diversity is to their boon rather than their bane, as so many have alluded to on this site. Hindsight is always 20/20, and I don't think anyone on this site should be congratulating themselves for seeing the mistakes COMS' management has made in the past. I for one think a wounded soldier makes a better General and I am certain COMS' management will show their experience in the next wave of technologies. You are also correct in saying Eric B. is no Steven Jobs, or for that matter Gates, he is far more intelligent in technical matters than either one. Do you call Jobs a Dunce because he lost the OS war to Gates? For the same reasons you can't call Benamou the same thing. How long did it take Jobs to recover from his demise at Apple. Quite a long long time. Eric has only had two years and he will get the chance to redeem himself very soon. Accolades should not be bestowed upon individuals just because their companies are doing well. A good example of mediocrity giving the illusion of greatness is Bill Clinton, he is fortunate to have been elected at a time when the global economic order had shifted into a new paradigm. So should we attribute greatness to the President for our prosperous economy. We all know Clinton had nothing to do with the growth in our economy but, history is going to inadvertently attribute many of the result of our economy to the Clinton Administration.