Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: craig crawford who wrote (16250)	5/28/1998 3:09:00 AM
From: WebDrone	Read Replies (1) \| Respond to of 45548

Craig- what's your position? Last time I was watching, you were not impressed with coms at $36-38 ($38! ha!), and were quite articulate and had the facts to make a pretty darn strong bearish case. Me- I don't trust the management, which is a big deal for me, but I think coms can struggle back to low$30s Waiting to see the 10q, then reasses. Have they turned a new leaf? I'm not sure, but willing to keep looking to see. Richard

To: craig crawford who wrote (16250)	5/28/1998 10:04:00 AM
From: joe	Read Replies (1) \| Respond to of 45548

Crawford, >> << Fundamentals have not changed in the last few weeks, but there is nothing to keep MM's, shorts or anyone else from pushing COMS down to the 20-22 range or lower if they can find an excuse >> That's it blame the MM's for COMS problems. << We know COMS has problems. Anybody who reads the thread can figure that out. I don't see any BULLS not admitting to this. AND let is only talking about the last 2 weeks. A 20% drop in the last 2-3 weeks (see blankmind's tables), does not substantiate the news that has come out lately. When coupling that with a correction in all tech stocks, I think it's very reasonable to conclude that part of the MOMENTARY (2-week) problems are market related. You seem to think that COMS has done nothing positive in the last 4-5 months. Fine, if you honestly believe that, short the stock. But there are some pretty good facts to show improvement - whether it's enough to lift earnings we will see... But lots of people here are not a 1-quarter in-and-out investor. If all you are checking is a sentiment indicator, say so. But, don't true to hide it behind specious logic. joe