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: simonds who wrote (17536)	6/16/1998 8:16:00 PM
From: joe	Respond to of 45548

>>Coms is not for sale. Someone may try hostile take over, but coms has an expensive poison pill.<< I just read the article in TSC about rumours of COMS being take over. It's hard to believe. It just doesn't seem to fit into their strategy. Thanks for the info. on the poison pill. BTW: I very surprised to here you think that if COMS makes it's number of .18c next week and cc is decent, that we'd have trouble getting over $30-32 range. With the big drop in share price this last month, the earnings forecast for this quarter has not changed. (It's stayed at .18c) There have not been any changes in upgrades or downgrades, so this entire move has been unwarranted unless COMS was extremely overvalued in the 32-36 range, which I doubt. Possibly, longer term earnings estimates have been reworked, but I don't think there's been any fundamental basis for it....just plain old fear factor.