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


To: Dwight E. Karlsen who wrote (12079)12/11/1997 3:19:00 AM
From: David S.  Respond to of 45548
 
True. Don't have time to "discuss", so I thought I point out all the good news and other important news 3COM has been putting out.



To: Dwight E. Karlsen who wrote (12079)12/11/1997 3:26:00 AM
From: craig crawford  Read Replies (1) | Respond to of 45548
 
<< David, please spare us. COMS has been putting out at least 5 press releases a day, most of it
pretty mundane stuff. >>

I agree. There are around 90 days in a quarter. The stock market is open about 65-66 days during a quarter. If COMS needs to do $1.5 billion a quarter that means they need to do about $22-23 million for every day the stock market is open. Now obviously COMS sells a lot of stuff for $50 here or $100 there. Still most of these press releases aren't $10-20 million deals.

In other words I consider many of these routine. Companies like COMS and ASND and C$CO have dozens of these projects going on all the time. It's obvious that COMS has resorted to releasing all they can to support their stock price.



To: Dwight E. Karlsen who wrote (12079)12/11/1997 10:11:00 AM
From: craig crawford  Read Replies (2) | Respond to of 45548
 
It's like pulling teeth trying to make any money with this stock.
It's like trying to squeeze blood out of a turnip.

I'm about 2 seconds away from covering and moving onto something else.