SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Fenton White who wrote (11357)12/3/1997 11:44:00 AM
From: Dulane U. Ponder  Read Replies (2) | Respond to of 45548
 
at 11:43 on cnbc, sr. analyst from robertson stephens gave one year price target for coms at 50.



To: Fenton White who wrote (11357)12/3/1997 11:49:00 AM
From: Christopher White  Respond to of 45548
 
Paul Johnson, Senior Tech Analyst at Roberson Stephens just on CNBC. Upgraded COMS to buy. Applauds EB's inventory plan. Without the inventory charge, COMS would have earned $0.45/share this quarter. From CC last night sees real demand for COMS products growing at 5%/qtr - a real $1.6 billion revenue this quarter - managemant has already reduced inventory by $400 million this quarter, plans another $200 million reduction this quarter. COMS will make $0.02 - $0.03 this qtr, 0.25 next. At 0% growth COMS is a $36 stock - sees COMS at $50 within 1 year. Sees dowside risk of 10%, upside 30%

Christopher



To: Fenton White who wrote (11357)12/3/1997 11:54:00 AM
From: Joseph Pareti  Read Replies (1) | Respond to of 45548
 
>The ONLY
> reason for an upgrade like that is so the Market Makers can
> dump their inventory.

?????

>I would
> expect that the stock will cycle up
>slightly for the next week
>or two and then collapse.

Like I said before, endless supply of BS. What is the backing
(is there any ) for this kind of statement



To: Fenton White who wrote (11357)12/3/1997 1:50:00 PM
From: AreWeThereYet  Read Replies (1) | Respond to of 45548
 
Fenton, we have much more downgrades than upgrades today. Most of the institution already unloaded their inventory in last couple week, check the sum(volume) for past 3 weeks and compare it to the floating. This is why they downgrade COMS today rather than 3 weeks ago.

aC