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


To: blankmind who wrote (16298)5/28/1998 10:23:00 PM
From: Ming  Read Replies (1) | Respond to of 45548
 
This stock is the biggest dog I've seen in a while! I sold out at 48 early last summer, and posted here some dire warnings about this company. After having checked the form 4s and form 144s from the S.E.C., it seems that insiders were of the same opinion, and displayed it by massively dumping their holdings. The latest sales were a couple of months ago, at 31-32. This is true of all major technology stocks right now:
no insider in these companies has made a significant purchase in the past year, while selling billions of dollars worth of shares. I feel that it is laughable for a company to buy back its own shares to "boost shareholder value" while its executives are busily dumping theirs. Then again, since when did small investors get a fair deal in stock markets anyways?

Regards,
Ming