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

To: Katherine Hoff who wrote (9497)	10/30/1997 4:04:00 PM
From: DMaA	Read Replies (1) \| Respond to of 45548

This may have been posted - it's dated 10/27/97. Saw a bad blurb in Barrons online from a guy named William Fleckenstein The president of Seattle-based Fleckenstein Capital. He is super bearish ( for the past 2 years ) on tech stocks in general. He said this: A: I'm also short 3Com. I was short U.S. Robotics; I walked away. Then I started shorting 3Com around 50. The merger accounting was an atrocity. Even more to the point, Compaq is using Intel's competing product. 3Com's networking-type products are all going to start to feel pressure from Intel. They're moving to solutions on a chip. And here's Intel looking for places to earn some margin on capacity. So 3Com will feel the heat. This seems to be the rap now - Paid too much for Robot/Intel competition bad news.

To: Katherine Hoff who wrote (9497)	10/30/1997 4:38:00 PM
From: Holger Johannsen	Read Replies (1) \| Respond to of 45548

Could anyone who lives next to 3Com headquarters drive by and see if they are still in business? I can't help but I feel 3Com must be out of business for some days now judging from the last quote ;-) Is this the company next to Cisco which has a PE of 53? I don't believe we're going back to the 30s and Cisco is in the 80s. Either Cisco is way overvalued or Coms is way undervalued. Holger