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

To: sunny who wrote (10314)	11/15/1997 9:08:00 AM
From: Raymund W	Read Replies (4) \| Respond to of 45548

You don't suppose that the (mostly) across-the-board tech bear market or correction has a teeny-weeny bit to do with COMS's decline, do you? Ray

To: sunny who wrote (10314)	11/15/1997 12:38:00 PM
From: June	Respond to of 45548

<BTW, isn't it the smaller brokerage houses that reiterated their buys recently?> Comments from two major brokerage houses on Nov. 12 when the price was 35.13; both maintained buy rating. Goldman Sachs: "Reduced estimates but valuation remains compelling." Deutsche Morgan Grendell: "We feel that recent weakness in 3Com's price presents an opportunity for sophisticated investors who can appreciate 3Com's long-term stategic value and look past short-term issues." I bought after the merger announcement knowing I was buying a roller coaster ride. I try to avoid heavy institutional holding since the herd will cause big swings but in this case I decided for the long term potential. June