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

To: craig crawford who wrote (14641)	3/23/1998 4:26:00 PM
From: hitesh puri	Read Replies (2) \| Respond to of 45548

I think this is a fake rally. I am sure we will see the 20's after the earnings as the inventory correction is not over yet. There is still a big chunk of unsold modems in the channel that will have to be written off. COMS will be dog till the year end. -hitesh

To: craig crawford who wrote (14641)	3/23/1998 4:53:00 PM
From: Pancho Villa	Respond to of 45548

Hope you are right. I am long this puppy. Pancho

To: craig crawford who wrote (14641)	3/23/1998 6:04:00 PM
From: The Vinman	Read Replies (2) \| Respond to of 45548

<<All the bad news is out on COMS.>> I have to disagree with your analysis. Look at Quantum, if there was bad news in an industry, it was in the disk drive sector. Well, Quantum announced today they would badly miss estimate for the quarter and the stock is down 2 1/2 in after hours trading. 3Com will also badly miss estimate, and I am sure their forward outlook will be at best luke warm. They have to be experiencing inventory problems at this point, in addition to pricing pressure in the modem business, already announced by Rockwell. Obviously, I am short the stock(at higher levels today), basically because they have a difficult portfolio of products, and they have let investors down in the recent past. Good Luck Vinman