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


To: Glenn D. Rudolph who wrote (13965)2/15/1998 9:31:00 AM
From: Elmer  Read Replies (1) | Respond to of 45548
 
Glenn,
I just looked back to the posts to this thread three months ago. Right about this time last quarter, Morgan Stanley and Goldman downgraded the stock and it dropped like a knife.

I would guess that COMS gave those brokerages guidance about the inventory problems and may have only seen them coming late in that quarter. If that's the case, we should expect either more bad news to hit very shortly (which I hope doesn't happen cause I'm long) or no news. I think no news is good news and if we get past the next eight or so trading days, the stock will start rising.

Best regards,
David



To: Glenn D. Rudolph who wrote (13965)2/15/1998 9:43:00 AM
From: lin huan chen  Read Replies (1) | Respond to of 45548
 
Glenn:
99's revised EPS of COMS and CSCO are the same ($ 2.15). COMS is trading half the price of CSCO. BTW, are you still long on COMS?
Lin