Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric L. who wrote (20212)	8/5/1998 4:40:00 PM
From: joe	Read Replies (2) \| Respond to of 45548

3Com Boy, I forgot to ask you. When Eric B. gave his talk to the USRX site, how was it received? Is moral getting better? Has the ambience taken a more settled down approach since the merger? Do many people care about what 3Com is doing in the stock market? I know where I work, people have 401Ks and some company stock but have no clue if the market dropped 5% or not. The only reason they know something happened at Wall Street is if it's on the front page (like today). thanks, joe

To: Eric L. who wrote (20212)	8/5/1998 5:01:00 PM
From: William Wang	Read Replies (2) \| Respond to of 45548

Today's "rally" is only a technical bounce. You can see that from the number of issues hitting new lows (1213) and reaching new highs (40). Like I said yesterday, the real test for this market will be on tomorrow, & FRIDAY.

To: Eric L. who wrote (20212)	8/5/1998 5:07:00 PM
From: joe	Respond to of 45548

To all: I noticed nobody mentioned it, but we are now in official "preannouncement month". We have gone through a few days without a preannouncement and this should be another bit of info telling us we're on the right track. Hopefully this will keep up. Also, I was encouraged by the market action on COMS today, not just because it held up in this market correction. But mostly, because it was following the ups and downs of the NAZ. There seemed to be more buyers coming through when needed and it didn't seem like short action "owned" this stock as it did a few days ago. I'm hoping that this isn't just due to futures trading or program trading. Hopefully, investor's are waiting for a sign that the market is bottoming and it's OK to buy COMS. One of the most frustrating things has been how unpredictable COMS price moves, but if it starts tracking the general market indices, I see this as very positive. If we're lucky and management is starting to look like they're starting to "get it"...one thing they could do is throw the "Street" a nice juicy bone. A big contract with nice concrete numbers would be good to see this month. This is the time to start looking for these type of signs. Also, Claflin starts work around August 15. He says he's going to visit every 3Com plant and site his first few weeks. I'll be watching closely to look for signs to see what kind of impressions he's making to customers, employees, and shareholders. Hopefully, some of the 3Com guys on this thread can give us some clues without having to cross the line of their insider status. I'm sure lots of us appreciate it as was the case with 3ComBoy and Eric B's visit. Something like that we'd never pick up on the Web or WSJ, etc... I'm starting my mental countdown for earnings day... I estimate this will be around Sept 23rd. Hopefully the market won't go bust by then also...I doubt it. joe