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: joe who wrote (17553)	6/16/1998 10:30:00 PM
From: Immi	Read Replies (1) \| Respond to of 45548

Joe, to be honest I am a big holder on COMS (regreting it) from $70, I averaged down with a breakeven point at 57. COMS is a very good company, good management. It is the 56k standard's approval, that stopped the ISP's from upgrading to 56K which impacted COMS, and the inventory problem from US robotics, add the Asia crisis... COMS is at the edge of the network, and has low margin products. The corebuilder switches (LAN) are stated to be good. The Total Control RAS from USRX are second to Ascend in the industry. I guess as ISP's in upgrade to 56k in the second half of 1998 modem sales should pick up. COMS dropped the ball with the USRX merger. Once, I reach breakeven on COMS I will unload half my position. Kindda fed up waiting for 1 year now... I will keep the other half as a long term investment. Regards, Imm (PS. I averaged down from 70 to 24 in 1997, and did not sell at 59 last august. Just shows how plain stupid I was)