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

To: ralph keating who wrote (9682)11/6/1997 11:23:00 AM
From: dougjn  Respond to of 45548
 
Now down to 41 even.



To: ralph keating who wrote (9682)11/6/1997 11:26:00 AM
From: RLM  Read Replies (2) | Respond to of 45548
 
I think this is a great time to short COMS. With the bad news about the accounting methods, the inventory overflow, and the large decrease in revenue from the US Robotics arm of COMS, doubled with the volatility of the market these days, there is a great chance of this stock tanking further. Also don't forget the PE is near 40. What will
it be if COMS has bad earnings in the 4th quarter.


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