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


To: craig crawford who wrote (18044)6/24/1998 4:06:00 AM
From: craig crawford  Read Replies (1) | Respond to of 45548
 
Cramer's thoughts on COMS from his YHOO chat.

MHoll554 asks: doctor,what's your outlook on 3coms?
Creme_Delacramer: Wow, close to home. I went long 3com today after being out of the stock for a long time. I felt that even if the quarter was just okay, in this environment the stock is done going down.


I echo his sentiments. I'm not expecting a good quarter, but expect that there aren't too many sellers left so there is little downside. If the market was in a bad mood I wouldn't be long. I think the mood of the market is changing for the better and COMS will benefit.



To: craig crawford who wrote (18044)6/24/1998 8:45:00 AM
From: Tim Higginbotham  Read Replies (1) | Respond to of 45548
 
Craig & All,

I don't know if it is an indication of anything, but www.onsale.com has been trying to sell 3Com/U.S. Robotics 56K modems this week. Todays auction has 2498 modems with a starting bid of $49 and there are no bids! These modems appear to come directly from 3Com, not a vendor! These are X2 modems!

Regards,
Tim