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

To: joe who wrote (16064)	5/22/1998 5:53:00 PM
From: robert marshall	Read Replies (2) \| Respond to of 45548

Joe, The owner of the stock may want to ride the price down and up again because of tax consequences. A person on the sidelines merely needs to wait this one out for the proper time. In my opinion that will be low 20's or maybe even the teens it is to soon to predict it is probably 30-60 days more of downside. The stock has the feel ASND did when it had bad earnings come out. The trend is definitely down at this time and will continue. As for the first call post we had similar positive post on the ASND thread all the way down. Once these stocks start to drop their is no understanding why. The market begins to dislike them and the buyers go away. The no direction for Wall Street post back about 7 or 8 post ago says it all ASND dropped because there was no visibility (future earnings forecast) that was believable from management until a new CFO was hired and gave Wall Street the visibility they wanted and ASND's stock price rose. COMS needs to give Wall Street guidance but they are not probably because the guidance would not be favorable. But not saying anything only pressures the stock downward more. Believe me I lived through it and it is happening here. If tax consequences are not a problem get out now and re-enter later

To: joe who wrote (16064)	5/22/1998 9:45:00 PM
From: bull	Read Replies (1) \| Respond to of 45548

I think you are very wrong. 3Com could never hit the teens. This company has a strong backbone and will soon recover

To: joe who wrote (16064)	5/23/1998 12:24:00 AM
From: blankmind	Respond to of 45548

So you think that ASND was oversold intentionally at the bottom? I'm not that familiar with the history.... asnd was a ras company, and ignored its technology and allowed competitors such as coms and csco to move in. also the tnt product was joked about because of the heat problems. also they only were on the flex side, and was barred from entering the x2 side. coms even shipped more ras ports in the 4th quarter last year, which was a huge downer. was asnd oversold? sure, but the pendulum often swings to far one way and then the other. cscc products and new features to the the tnt product pulled asnd out of the muck. coms on the other hand continued to struggle with the usrx purchase, and the view that 56 modems will be replaced by cable or dsl.