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


To: Yogizuna who wrote (44492)9/12/2000 8:34:55 PM
From: P.M.Freedman  Read Replies (2) | Respond to of 45548
 
The networking sector was oversold. Look at CSCO, NT, LU. They all were down big today. COMS has positioned itself better than the above three and will catch up with the coming wireless net up-wave in next five years. The coming negative earnings might be the last negative one to write off the restructuring expenses. No matter how bad EricB did before, he did good and right on spinning off PALM, which indeed has benefited all of the shareholders. I believe that the Street is going to reward COMS including its biggest holder Eric in the near future. COMS may be closed at around $17.5 by the coming witching Friday. After that, it will return to $25 by the end of this year. Good luck!