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


To: Mehrdad Arya who wrote (34012)9/14/1999 2:58:00 PM
From: KyrosL  Respond to of 45548
 
Mehrdad, I tend to agree with you that COMS management is not that terrible. The company fundamentals look pretty solid. Last couple of quarters they did a good job reducing inventories and improving cash flow. The Palm domination of the PDA market happened under their watch. It's tough managing a tech company whose stock is lagging badly.

But the market is in a "show me" mood regarding COMS. Good earnings in the next couple of quarters with stellar results for Palm will catapult the stock to the forties. There is no question that Palm results will be great the next couple of quarters -- enough to launch a spectacular IPO. Not so sure about the rest of the company.



To: Mehrdad Arya who wrote (34012)9/14/1999 3:42:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 45548
 
Seems to me a downgrade given that COMS is trading near bottom is pretty damn bold ;)

OG