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

To: Sabrejet who wrote (11226)	12/2/1997 9:35:00 PM
From: SHW	Read Replies (2) \| Respond to of 45548

Assuming COMS make $0.09 this quarter, maybe $0.20 next quarter, hopefully $1.00 for the next four quarters. Would you buy COMS for $30 if you were told that will be the new estimate? Don't tell me how great this company was, who cares. The future of COMS really bothers small investors like me. What makes you think 1999 will be better than 1998? One simple fact: Why so many insiders starts to sell their shares when the price was in the low 40's? Don't you think they know better than you. Why so many positive news to bring the price to $39 1/8, and then suddenly drop like a rock? The answer is "INSIDER KNOWS BETTER THAN YOU ARE, AND THEY KNOW THE FUTURE IS SUCK."

To: Sabrejet who wrote (11226)	12/2/1997 10:13:00 PM
From: SRM	Read Replies (1) \| Respond to of 45548

Well stated. Todays story is inventory realignment to adjust for slow modem sales due to lack of a standard. Tomorrow's story will be increased sales 1- 56k modems, the standard chosen by MCI ! 2- Cable modems and networking gear for consumers and ISP's! (Comcast cable is working around the clock rewiring homes for cable modems in my area with a very aggressive implementation schedule.) 3- New products i.e. Increase speed is always the driving force. High Bandwith will be no exception and 3COM will provide the hardware. Looking forward is very positive in a lean inventory environment.

To: Sabrejet who wrote (11226)	12/2/1997 10:41:00 PM
From: Pullin-GS	Read Replies (2) \| Respond to of 45548

>$30 price or is that just a guess??? I'd call it nothing more than a prayer if anything. ;-) >Most of you "fear mongers" are the one's who love to jump on You have it backwards....the first wave of "fear mongers" jumped off back when COMS broke support of $50 (about 45% off highs). Now you have the second wave of "fear mongers" who just started packing their bags at 4:15 today. Price is only down 4 so far. There is plenty of room for more carnage.<G> >this is a solid company making an excellent business decision. Actually COMS is a company being hit hard by the compitition and COMS'es own extreme measures that the market has imposed it. Forcing price cuts to the point where no margins exist anymore in the newly-created commodity market of the low-end network components/devices, that once demanded much higher margins when the "commodities" where considered bleeding-edge. 3com can call it what they will in their latest warning, but this situation is clearly the result of cut-throat compitition. 2 years ago or so, 3com was the defacto standard in quality NIC products, hubs, and to some degree branch routers. Now 3com competes with dozens of cheap products in the above mentioned areas. Intel has come on board and thrown it's big gorrilla weight around as well. This all spells disaster (relative to past exponential growth). Gone are the days of high-double digit growth. Now you should be greatful for profitable quarters at all. And along with this back-to-earth profitability comes valuations that are representative of a fair share value...read share price tankage. >this is a game... No game here...this is serious stuff...welcome back to the real world. Regards, Paul Blakeslee