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


To: Herc who wrote (34486)9/23/1999 5:11:00 PM
From: Doug  Read Replies (1) | Respond to of 45548
 
Herc: . When markets are weak, stocks that have poor appreciation for the next 3 months are liable to greater pressure as Institutions raise cash for better buys elsewhere.

I get the feeling that some Institutions are selling to raise that cash.

In brief the street is not optimistic about COMS for the next 3 months and Investors may have to live with that.



To: Herc who wrote (34486)9/23/1999 5:48:00 PM
From: Mehrdad Arya  Read Replies (1) | Respond to of 45548
 
Herc, don't lose faith, your patience will be rewarded. Todays market practically shook the whole technology sector. Remember the company is buying aggressively at $25, and they are so confident that they have requested to buy back 10 million more. No insider trading is taking place and the Palm VII is about to become available nationwide. Schwab and Fidelity will be offering wireless access via the Palm VII within a month. Numerous major US and International carriers are in the process of signing major deals with 3Com. The company has nothing to worry about, actually Cisco has a lot to be concerned about, a sleeping giant has just awoken.