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


To: Finder who wrote (19175)7/15/1998 10:38:00 AM
From: blankmind  Read Replies (2) | Respond to of 45548
 
a thought coms would rally with the other networking stocks today and be able to avoid going to what appears to be 27 1/2 for options expiration.

yes, mgmt goofed on the usrx purchase, but if you examine the last q, mgmt did a terrific job of containing the mistake by aggressively cuting inventory and costs.

it looks like nothing sort of a buyout rumor will now move coms higher this week. not the naz moving up strong or a rally in the networking sector.

time to be patient and wait for next week.