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


To: blankmind who wrote (20329)8/9/1998 8:29:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


>>and actually i have liked the decreases better, knowing coms will definitely beat a lower number.<<

I have this theory, that the ANALysts have been trying to lower
estimates as much as possible so as to lower the stock price
to a ridiculous level. COMS and the ANALysts have known they
will beat all the estimates for the rest of the year handily.
Possibly, this has been a conspiracy with COMS participating
voluntarily or forced to do so. Anyways, the idea, is to
let a whole new generation of "institutional" investors
get in VERY EARLY. Then, the stock price will be walked up
the ladder for the next few months. By then, LU will start
making noises with it's buyout of somebody, and the entire
telecom and network sectors will start converging, boosting
the price of a whole new group of stocks into the stratosphere.

So, as we have seen COMS at an embarassingly low
price, we will one day see it at a grossly overvalued
price for which we will see heavy profit taking.

So goes my conspiracy theory.