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

To: The Phoenix who wrote (39335)	2/15/2000 11:55:00 AM
From: JSwanson	Respond to of 45548

Back in September they thought that they could put their money to use elsewhere for the time being...and in many cases that may have paid off. Based on this 100 day chart COMS looks like a pretty good place to have been. siliconinvestor.com As for the downgrades in Dec. I don't remember them - but you have to admit the earnings report was terrible. It's hard to like the company....this run up is a PALM IPO announcement and not affirmation that COMS is a winner long term. Of course if they are, it's gravy. Nonetheless, the analysts knew that PALM was to be spun out and they still downgraded the stock. I would submit that nothing has changed for COMS between December and now other than the IPO getting closer. I find it amusing that analysts would be cold towards the stock in December because of a lack of revenue growth and then warm up to the stock two months later because of the Palm IPO. They knew in December that COMS traditional networking business isn't very healthy but they also knew that the PALM was very, very hot!