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

To: mp who wrote (15551)	5/7/1998 5:43:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Brokerage companies exist to serve their clients. Are you a client? joe

To: mp who wrote (15551)	5/7/1998 6:43:00 PM
From: hitesh puri	Respond to of 45548

By this time you should have realized that the company official are not obligated to tell anything to anyone till there is a financial impact on the earnings like today. And of that too its very common for them to talk to the big boys first because the big boys can get their attention. If you are a CFO or CEO of a company who would you rather piss off ? The small guys or the big institutions (ones who can move the stock price and hence the officials net wealth value) ? Secondly we do not come across these officials so easily if you do and ask him such questions as a shareholder then he has an obligation to address it. I know some ASND holders asked Ascend CEO and CFO a lot of questions in an institutional conference in Jan 98 and got straight answers that have been proven right recently. Small investors like us have to rely on each other and pay attention to the obvious and be less emotional with our picks. -hitesh

To: mp who wrote (15551)	5/8/1998 1:51:00 AM
From: Bruce L	Respond to of 45548

Re: Unfair to other stockholders who didn't know of Chris Paisley's comment I agree with you if in fact there was some substance to the comment- something that truly changed our fundamental appreciation of COMS. I know how I felt this afternoon when I saw the stock tanking on huge volume - just after I had made a substantial additional investment in the company - and having no idea what was going on I'm coming around to the view that the comment was offhand and that the interpretation was inaccurate and unfair. Just to review: my understanding is that the CFO stated that he wasn't as confident as he earlier had been about margins improving - because of the increased(proportionally) sales to OEMs. If there was anything more than this, I don't know about it yet. On its face, if anything its a positive; the co is having increasing success selling to Dell, GTW etc_ Two observations FWIW: (1) the overall market is very jittery and institutions are pulling the trigger instantly on the theory : better safe than sorry. Indicates to me that we're at a top. At another time and place, the above comment would have elicited little or no reaction.. We were just the innocent victims today. (2) COMS really has lost credibility with the market (and with many participants on this thread - obviously). Regaining credibility does not occur overnight. Until COMS regains it, we will be subject to this kind of action. But for the patient investor - one who doesn't allow him/herself to be whipsawed emotionally by market events - it could prove to be very profitable. (I sold today at 32 3/8 but tommorrow I'm going to be looking to get back in.)

To: mp who wrote (15551)	5/8/1998 11:20:00 AM
From: joe	Read Replies (1) \| Respond to of 45548

mp, Just reread your post, and realized that I misunderstood what you were saying. Sorry! I was placing the focus on DMG and felt they did not have an obligation to us since we are not their clients. But I realize, you're talking about COMS not disclosing to the public at the same time as it does to DMG. Yes, this seems unfair (at least I don't like it). But I wouldn't mind if I had $$ in a mutual fund whose manager was getting info from DMG. Again, I don't like it because it does'nt serve my interests. I don't know why COMS does that. I would like to know. Either way, I still don't put this into the equation of whether or not I want to own COMS. For me there are a lot more important variables to consider. Hope this clarifies my position, and possible confusion I created with some of my previous posts. joe