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


To: SHW who wrote (10608)11/20/1997 11:00:00 PM
From: Eric  Read Replies (1) | Respond to of 45548
 
Its possible but I doubt it. Writing this all off in one quarter would be good for the stock. The problem is we do not have hard info on the depth of the problem.

My big question is how this will be addressed in the CC. If Eric B. is forthright and upfront during CC, thats good, what really matters is the direction of the Company after the quarter. He will have to address these obvious questions then.

IMHO the stock has dropped as low as it will get ($27 per share) and should rebound . It's funny that my largest holding is Cisco (about 4 times larger than COMS).

COMS has a way to go to "execute well" in comparison to CSCO but it still has good technology. I am still betting on Eric B. to pull this one out of the hat! Craig has some good points, if you are out to make a buck in this stock patience is required.