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


To: Moonray who wrote (34400)9/21/1999 11:33:00 PM
From: mr.mark  Respond to of 45548
 
excerpted from thestreet.com, prior to earnings announcement. looks like old blowtorch is getting behind COMS after having dissed the stock for so long...

A New Shiver to
Contend With
By James J. Cramer

9/21/99 3:02 PM ET

A new shiver went through the market this afternoon
when Hewlett-Packard (HWP:NYSE) announced
that it would give guidance for the quarter after the
close as part of its restructuring. In an environment
where Apple (AAPL:Nasdaq) doesn't bounce and
fabs are bouncing in Taiwan, people are too scared
to take a swing.

We aren't. We are buying back the Sun
Microsystems (SUNW:Nasdaq) we sold to rebuild
that trade-around-the-core position. And we are
taking down more 3Com (COMS:Nasdaq) because
we believe in the restructuring.
We are not messing
with H-P.