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


To: P.T.Burnem who wrote (11008)12/1/1997 4:49:00 PM
From: DRRISK  Read Replies (1) | Respond to of 45548
 
PT,
What do you base this statement on "Use the short squeeze to get out."
Please advise. Thanks

DrRisk



To: P.T.Burnem who wrote (11008)12/1/1997 4:55:00 PM
From: Marcel  Read Replies (1) | Respond to of 45548
 
<<street's euphemism for "the stock is going lower".>>

And how can it not?

excerpt from Barons:

"And sales of phone modems are sagging. Recent disclosures show, for example, that sales at 3Com's US Robotics operation dropped to an anemic $15 million in April and May of this year, down from $690 million in the previous three months."

Egads!



To: P.T.Burnem who wrote (11008)12/1/1997 6:44:00 PM
From: craig crawford  Respond to of 45548
 
<< Use the short squeeze to get out. >>

I would not call today (or last week) a short squeeze...



To: P.T.Burnem who wrote (11008)12/2/1997 10:35:00 PM
From: John Puffer  Read Replies (1) | Respond to of 45548
 
<<The Barron's article mentioned a couple of bad quarters, which is the street's euphemism for "the stock is going lower".
Use the short squeeze to get out.
PTB>>

nice call!! too bad i didn't listen. what are your thoughts on how low can it go?

jtp