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

To: Dakota Sullivan who wrote (17385)	6/14/1998 7:39:00 PM
From: joe	Respond to of 45548

Dakota, >>To all-what the heck is up with this company?<< I'll try to give you the "short" answer. (If it's possible for me to do this: -) ) Right now, COMS is in a product transition wave. Tech stocks all go through this. It's part of the cyclical nature of tech stocks and it makes for difficult times. This can/usually does have some affect on stock price, but in this case that's not the only reason. Also, COMS merged with USRX and the transition to the x2 56K modem was a nightmare due to unanticipated Modem Standard's War intermixed with competition with Rockwell. All this is now pretty much on the way to being sorted out since a 56K Standard is in place, and COMS is one of the first ones to get their v.90 (standard compatible) modems out. What's making this end of quarter extrememly difficult, is that COMS is not giving much "guidance" to the street. We don't know why, and possibly it's because the Street won't believe anything except the earnings report numbers either way. Becaues of this a lot of fear is being put into the stock price without any new fundamental knowledge of the company to support this "fear premium". Bottom line: Lots of people still believe COMS is a good company, but are waiting to see positive earnings report before they jump back in. In the mean time, the price may or may not be one of the bargains of the year ( I believe it is) Hope this helps, joe PS I doubt the SB broker knows much of the details about the stocks he recommends, much less a company like COMS which is in a complicated field like networking. It's better to do your own research if it's possible.

To: Dakota Sullivan who wrote (17385)	6/14/1998 9:16:00 PM
From: Moonray	Read Replies (1) \| Respond to of 45548

Dakota, dump your broker and keep your stock. This is the same broker that said (on March 25, 1998) that 3COM's FYQ3'98 Results were in-line with expectations and they were raising their price target to $45 from $40, almost twice the current price. If you have been accumulating COMS from the 60s, you are obviously an Investor. The fundamentals still appear good. Do you not believe in the future world-wide growth of the Internet? Can you not stand a few more downside points (assuming SSB were right) for that big long-term capital gains pay-back in a few years? Any words of faith or wisdom would be appreciated at this point. o~~~ O