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

To: Glenn D. Rudolph who wrote (11460)	12/3/1997 7:32:00 PM
From: AreWeThereYet	Read Replies (1) \| Respond to of 45548

Maybe we will have another chance to buy cheap COMS. I thought that's it today :o) aC

To: Glenn D. Rudolph who wrote (11460)	12/3/1997 7:41:00 PM
From: SRM	Read Replies (3) \| Respond to of 45548

HOW ABOUT POSTING THE POSITIVE NEWS. Oppenheimer and other upgrades MCI AOL accepts modem standard European orders Don't be so negatively biased. The shorts are sweating.

To: Glenn D. Rudolph who wrote (11460)	12/3/1997 7:51:00 PM
From: gfr fan	Read Replies (1) \| Respond to of 45548

Thread - my theory only. I was curious as to why there wasn't severe downward price pressure today since most analysts had estimates still in the .40 range. I think COMS shock therapy method may have been the reason for the relative strength. COMS other alternative was to try and gradually manage the inventory down which could be ugly for 4-6 quarters out - which may have allowed them to hit the .40 range, which wouldn't have helped the stock price and could have caused a long period of confusion. Instead the strong dose of bad medecine here and then finishing it off next quarter allows them to move on with their business and gives the street better visibility into earnings - this is what the street loves - visibility and predictability. So, today, the price may have held up only due to confusion as analysts didn't think COMS would take the drastic course and everyone will now sort things out in the next week or so. Or the other reason may be what Robbie Stevens said - "quarter to quarter actual sales out from the channel grew 5-6%, the real order number was around $1.6B, and by end of the next quarter this is all behind them. Add that to the upcoming new product cycles and COMS market positions in the segments it plays in COMS will rebound." It will be interesting to see if the big dose approach plays positively and helps things get righted, or if today was just due to confusion.