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

To: craig crawford who wrote (11046)	12/2/1997 12:11:00 AM
From: Gottfried	Read Replies (1) \| Respond to of 45548

craig, you said >>Asian problems aren't totally done with in my opinion (I think it will spread to Europe)<< It is generally accepted that SEA problems are "not totally done with". While Europe has problems (some countries have high unemployment), they have nowhere near the liquidity problems encountered in SEA. A pre-condition for the 1999 introduction of a unified currency is that member countries may not have deficits of more that 3% of GNP. How does that compare to SEA? GM

To: craig crawford who wrote (11046)	12/2/1997 3:50:00 AM
From: Thomas Haegin	Respond to of 45548

Re: Asian problems... will spread to Europe Craig, what problems do you see coming for Europe? If it was the danger of slowing demand for IT products, I disagree. I think that Europe still has much to go in terms of IT upgrades, networking, private users connecting to the Internet, etc. Except for the U.K. and maybe Spain, main European economies like Germany and the Netherlands and Scandinavia are growing only slowly right now. My country, Switzerland is only now creeping out of 7 years of stagnation/recession. I see Europe picking up speed as we move on. Many cos. and public sector offices and agencies, etc. will use - IMO - the coming start of the EMU and the corresponding systems conversions and changes to install better IT at the same time. While I would concede that I do not see COMS to profit from all this particularly more than others, I would think that they will not be hurt either. I think that really for all IT companies, Western Europe offers a very good market environment now and it will remain so in my opinion, led by big business improving their IT systems. Let's not even talk of upgrading necessities in the Eastern countries. I agree that a European slowdown would hurt U.S. cos. and cos. like COMS in a big way, because we import from the U.S. a lot - in techs practically everything. But I don't see this slowdown coming here. Thomas