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


To: William Wang who wrote (19827)7/28/1998 7:24:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


>>But if you don't think COMS is a "must have" stock, what catalysis in your opinion would bring 3Com back to life ?<<

The way things are looking now, we will have to wait till
next earnings report or at least hear about a "big contract"
or "new something". AND this is assuming that market
conditions are OK.

If market gets some confidence again, then we'll stay at
around 27-30 range. Without a confident market, we are left
to dangle.

Also, in the "big contract" department, I'm wondering if
all this telecommunications action will some how bring some
work to COMS...and also pump up the market again. The
Telebras privatization (tomorrow) may "create" something. Plus
these telecom mergers are moving faster and faster. Also, LU will
soon choose an acquisition and stir up the pot some more.

Hopefully COMS will have some place in all this activity
that IMO will start heating up in the fall.