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


To: ilan saadia who wrote (10335)11/15/1997 2:54:00 PM
From: Mang Cheng  Read Replies (2) | Respond to of 45548
 
Hi ! 3COM had dropped so much in so short a time, I have totally lost interest in discussing anything about 3COM :-(

Any psychiatrist out there who can explain this strange mental state ??

Mang



To: ilan saadia who wrote (10335)11/15/1997 4:19:00 PM
From: bhuvanarama  Read Replies (1) | Respond to of 45548
 
That will depend on the earnings and conference call in December. I think there is tremendous downside pressure and COMS may retest its lows before going significantly higher in mid '98. I would not buy until after the conference call.



To: ilan saadia who wrote (10335)11/15/1997 7:49:00 PM
From: Rational  Read Replies (1) | Respond to of 45548
 
I think that at a PE of 13, Coms is a very compelling buy. This could easily hit 50 short term.

True. But, the market is expecting a lower EPS and so the true P/E as of this quarter could be much higher than 13. We will know on earnings announcement date (??).

Sankar