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


To: Thomas Haegin who wrote (11199)12/2/1997 8:24:00 PM
From: eDollar.com  Read Replies (1) | Respond to of 45548
 
I guess if COMS says it has inventory problems only, analysts might put a "not so negative spin" and the stok might hold at 30-31 level.
But as someone posted that COMS is guiding of margin pressures, the problem is MUCK MORE serious and a panic sell off is not impossible to high 20's. Remember cabletron plunged form 47 to 31 before in May and from 23 to 16 ( -32%)today. ALTR from 50 to 40 (20 %). If the situation of COMS is bad
reasonable 25% sell of means -9 or So ( 36-9 = 27).
It all depends what COMS has to say 2morrow at DMG conference.