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

To: William Wang who wrote (19691)	7/25/1998 2:02:00 AM
From: joe	Respond to of 45548

William, >> It's him who followed Eric B.'s direction to decrease 3Com's earning estimate, and that prompted a massive sell off by big institutions. << I think you're talking about the very early May meeting with Paul Weinstein and the CFO. None of us know what was said exactly, but my opinion is that the ANALyst made his own interpretation of what he heard. I don't blame anything on the CFO (Chris Paisley...I think). The same ANALyst, who's an AXE, upgraded the stock to "strong buy" the day before options friday. 1) he didn't know his stuff, if he changed his mind within two months, 2) he did so day before options expiration...if he wanted to send a strong message to investor's to buy, I'd think he'd pick a different day so as not to make it seem like he's trying to help somebody's option plays... Another words, to me, it looks like this whole thing is a racket with the Brokerage houses - if I had to blame somebody.