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


To: Pancho Villa who wrote (10030)11/12/1997 8:37:00 AM
From: Finder  Respond to of 45548
 
3com is indicated down almost 10% in premarket trading at 32.25. Lousy market conditions, plus street.com article.

This is getting serious. I feel like I own another Ascend.
.



To: Pancho Villa who wrote (10030)11/12/1997 8:47:00 AM
From: Finder  Read Replies (1) | Respond to of 45548
 
Folks something is seriously wrong with this sotck this morning. Any ideas??

Anyone awake out there to watch preopening indication drop??



To: Pancho Villa who wrote (10030)11/12/1997 8:48:00 AM
From: Chi-X  Read Replies (2) | Respond to of 45548
 
MORGAN STANLEY DOWNGRADE price target & 1998 estimates - got it from CNBC's Maria Bartiromo from the trading floor.

3Com (COMS) 35 1/8: Morgan Stanley lowers 12-month price target from $54 to $48 and lowers 1998 earnings estimate from $2.30 a share to $2.05...

Pancho, I used to hang around Rogers but since Spring, I've been mostly long. As fro CSCO, it seems like it's still near it's all time high. It looks a bit expensive to me. Personally, I like COMS and I'm looking for it to go lower so I can snap up some shares. But at its current price, I'm willing to wait.


Chow,
Chi-X hath Spoken!

"There shall be no wine, before its time."