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


To: joe who wrote (20032)8/1/1998 2:30:00 PM
From: J. Stone  Read Replies (1) | Respond to of 45548
 
>>COMS is drifting with the S&P500, and when it gets low, value buyers pick it up.<<

Agreed. Also, you have investors who are looking for a beaten down stock in a hot, growing industry, and COMS fits the bill. Anyone who thinks the networking industry is going away is nutty, and while this in and of itself doesn't ensure COMS will benefit from the networking industry's growth (or that COMS won't get pummelled by strong competitors such as CSCO, ASND, LU; etc.), I tend to believe the upside on COMS is far greater than the downside.

My guess is that COMS will see $50 by year's end. (All things remaining equal...)

regards,

JS

ps - fyi, another networker everyone should be looking at is TKLC. Just a suggestion...



To: joe who wrote (20032)8/1/1998 3:58:00 PM
From: Eric  Read Replies (1) | Respond to of 45548
 
Joe,

3Com had good action on Friday and it will be interesting to see if it can move higher from here.