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


To: joe who wrote (16098)5/25/1998 8:13:00 AM
From: Stockman_77079  Read Replies (2) | Respond to of 45548
 
Joe, you are definitely very bullish on this stock. But from a perspective of looking at COMS previous performance record, this stock's action as of late is bad news. COMS has not made an attempt to announce anything positive to restore investor confidence. If sales/inventory are on track, then COMS is doing the worst job of managing WallStreet expectation and the stock deserve to be at this level. Are you not seeing this?

regards



To: joe who wrote (16098)5/25/1998 12:25:00 PM
From: blankmind  Respond to of 45548
 
with how coms has performed against the dow, if we keep it up we
shall be near cs status in price.

dow coms
10/13/97 8045 55
5/2298 9114 28
% diff 13% -48%

coms has a lot of room to grow to catch up to the dow. i to see a
brighter future for coms, it is now just a matter of being able to
wait a little while for the numbers to confirm this.



To: joe who wrote (16098)5/25/1998 12:32:00 PM
From: blankmind  Read Replies (1) | Respond to of 45548
 
..if COMS had
made it's last quarter of .11c, it would have been over $40
easily.


i doubt this, but probably traded in the 35 - 40 range with the inventory problems and margins shrinking. no way would it have gone under 30 on such light volume. but with such little guidance to the street and shareholders from coms again this quarter, many people are taking a wait and see attitude.



To: joe who wrote (16098)5/25/1998 12:37:00 PM
From: blankmind  Read Replies (2) | Respond to of 45548
 
short interest will be out for coms tonight or tomorrow for june, any
one want to guess where it will be?

Company 04/24/98 03/24/98 % Chg avg daily volume
3COM CP 12,431,681 12,514,786 -0.7 7,429,801

my guess is 18 million.

all guesses will be tabulated.