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

To: Finder who wrote (10038)11/12/1997 9:02:00 AM
From: mike gubser  Read Replies (3) | Respond to of 45548
 
It seems, coms is getting a penny stock........

I took a mortgage on my house to short this stock at 32.5$



To: Finder who wrote (10038)11/12/1997 9:31:00 AM
From: Pancho Villa  Read Replies (2) | Respond to of 45548
 
>>Both Goldmand Sachs and Morgan Stanley lowered earnings estimates this AM for this stock based on channel concerns.<<

Yeah! these mediocre guys are always extremelly late with their revisions! IMO, it may be time to buy not to sell. They should have done this when the stock was trading at 55+.

Following analysts=sure way of loosing money

Pancho


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