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

To: Martin Milani who wrote (12648)	12/22/1997 6:05:00 PM
From: Thomas Haegin	Read Replies (1) \| Respond to of 45548

Slightly off-topic: AT&T Martin, nice to hear from you. Yes, T is under pressure to get it's act together vis-a-vis Worldcom and the rest of the world. However, the big story that is going on in T now is the new CEO Armstrong slashing costs and getting the company focused and agressive. Even if they don't do much on the revenues side, they will increase the bottom line incredibly by cost savings and better capital allocation. Maybe T is a a bit like when Lou Gerstner came to IBM some years ago: They have the power, all they need is a goal and vision. The stock has moved pretty much of lately. I would not chase it at this point anymore, only scaling in. Thomas