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

To: Michael Ohlendorf who wrote (15057)3/31/1998 6:26:00 PM
From: David Lawrence  Read Replies (1) | Respond to of 45548
 
Michael, if it's of any consolation, your constant griping about the valuation of COMS and the market and general will be heard by the market, eventually. In the mean time, those who are fighting the tape on principal are getting slaughtered. The day will come for those that can hold out, although their working capital will be somewhat diminished.



To: Michael Ohlendorf who wrote (15057)3/31/1998 6:55:00 PM
From: Bob Kimball  Read Replies (2) | Respond to of 45548
 
Michael, I agree COMS is weak.

UP until this year I had a long exec career in hightech - pc hardware, software, internet plays, etc. Inventory problems always take longer to fix than management tells the investors - I've been there.

Despite the ugly fundamentals, my rationale for shorting COMS is based on technical analysis, primarily ewave count, which shows me that COMS is going to visit 24 again.


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