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

To: ben luong who wrote (10391)	11/16/1997 11:27:00 PM
From: chirodoc	Read Replies (1) \| Respond to of 45548

<<<<<<Massive 3COM Insider Selling Summary so far for 1997 Total_value ...sounds good to me--sorry to say that. ..started buying csco in 40-50 range and was well rewarded. they are the best manged networker. .......i am going to start buying coms this week. i think that within 6 months they may have their management problems improved. ....this is a turnaround play based on managements foolish desire to overtake csco too fast--they strapped themseleves with too many finanancial and mangement issues.

To: ben luong who wrote (10391)	11/17/1997 12:38:00 PM
From: HammerHead	Read Replies (1) \| Respond to of 45548

>>I should have taken notes from this long time ago and take action. Apparently it is too late to sell. << An insider in Cisco just sold 75,000 share at $83.41. Take a note. insidertrader.com

To: ben luong who wrote (10391)	11/17/1997 3:45:00 PM
From: dougjn	Read Replies (1) \| Respond to of 45548

Yes, I think all this is now in stock. Basically, I think management knew stock was previously VERY richly valued and losing earnings momentum near term. Many are now predicting flat 98 vs. 97 earnings. I suspect that management knew that combination of product transition/modem standards/merger integration issues created high risk of fiscal 98 not comparing very strongly w/97. Stock is now quite cheap on flat 98 earnings. I doubt many insiders would be sellers at current prices. Quite the reverse. It may be too early to buy. But I don't think that Coms will break down below the low 30s again unless overall market tanks...eg, on a Korean bank/currency breakdown. Regards, Doug