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


To: joe who wrote (18218)6/25/1998 3:08:00 AM
From: William Wang  Read Replies (1) | Respond to of 45548
 
<<The only thing, I wonder about is if institutional $$ are
slower to make up their minds going in. It seems to me
that their looking for stability more than getting in
early...I'm not sure how they look for stability other than
to judge the cc for themselves, or let the analysts
build a concensus for them...>>

Institutional are waiting for the new 99 EPS estimate from analysts before commit big bucks to COMS. As far as I can see, base on the new 99 EPS, COMS's fair value should be $35 ~ $40. Breaking $40 in near term is unlikely.