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


To: craig crawford who wrote (10945)11/30/1997 4:22:00 PM
From: Stewart Elliot  Read Replies (1) | Respond to of 45548
 
<< Apparently the bad news is completely built into
<< the stock price, if this is the best a short can
<< come up with to make a point.

>> You go on believing that and I will believe what
>> I want to believe. We'll see who's right in the
>> next month or two.

I didn't say I believed anything - your post just wasn't particularly newsworthy given the info was dated, and already well publicized. It doesn't matter whether it was posted on SI or not, because the content of that article has been repeated numerous times. It would be cool to see fresh research and insight, such as some of the recent articles others have pointed to. 3com has inventory problems - it's pretty damn clear at this point. Since you're representing the shorts (always welcome in a balanced investment discussion), it would be cool to have some recent news which verifies the severity of 3com's problems. Heck, we may have that as soon as tomorrow should 3com decide to pre-announce.

Who is right and who is wrong are not worth debating. It could be that you're dead on with 3com's problems, but the stock goes to the moon despite these challenges. As I point out in my post, I hope the company decides to take a big hit resulting in a stock plunge because I think it will help out long term. If it does, does that mean I'm wrong because I happen to be long?

With the exception of csco, most of the networkers have had tough years (bay has recovered, but the company is not putting out great numbers). Are they all pulling stunts to look like they're doing ok? Why is 3com so much worse off than the others?



To: craig crawford who wrote (10945)11/30/1997 4:44:00 PM
From: Andreas Samson  Read Replies (1) | Respond to of 45548
 
Boy, everyone on SI is bad-mouthing his own stocks.

If you surf the network threads, you realize people holding other stocks think yours is great, and theirs are bad. Ascend shareholders talk up COMS, 3Com shareholders talk like the sky is falling. PAIR/ADTN, same thing. Go to the search engines, more of the same.

Someone is making money, somewhere. That much we can be confident of.