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

To: The Vinman who wrote (14653)	3/23/1998 6:24:00 PM
From: Chris Anderson	Respond to of 45548

Per this article, COMS down a tad after hours, not 2 points: biz.yahoo.com We'll have to wait and see what happens tomorrow! Good luck to all! Chris

To: The Vinman who wrote (14653)	3/23/1998 6:59:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Vinman, <3Com will also badly miss estimate, and I am sure their forward outlook will be at best luke warm.> Do you think there's any hope that COMS will ever start making a profit? I hope you think not, that way you can keep shorting it every quarter for the next few years. <They have to be experiencing inventory problems at this point, in addition to pricing pressure in the modem business, already announced by Rockwell.> Gee, what a surprise. Do you ever bother reading the rest of the posts? Longs know there is an inventory problem, ever since it dropped around 60%. The new V.90 standard will take COMS at least a few months minimum to get it into distribution. I can't imagine any longs expecting quick profits from this. No surprise Rockwell's having the same problem. It takes a period of time to adjust. Only thing is that Rockwell will probably lag COMS by 1-3 months. <Obviously, I am short the stock(at higher levels today), basically because they have a difficult portfolio of products> All longs should know this already. It's been priced into the stock. So, yes, by all means short some more. I'll just buy a whole lot more at the lower levels and double up on the way back up in 2nd half of 98. <and they have let investors down in the recent past.> Does this mean they'll never get it back together again? That's normal for lots of business's. Good business can come back from difficulty. We shall see how COMS handles this crisis. If you're talking about 3COMS becoming ethically untrustworthy, in my opinion the jury is still very much out on this issue. Don't exactly like what happened, but I'm not going to throw the baby out with the bath water. Nothings either totally white or totally black. Joe