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

To: joe who wrote (21220)	9/4/1998 4:41:00 PM
From: Greg Jung	Read Replies (2) \| Respond to of 45548

Did I say I was going to buy COMS because of cable? No but it is moving faster than adsl. I have 33.6k and no reason to get faster, to much trashy splash images coming anyway, the bottleneck is more often the lousy server service. For instance, online auctions: I'm registered at Ebay but don't attend because the service is always slow or iffy and often stops functioning altogether. Also web sites that give a lot of grief and don't really make much sense, anyway. If I were to invest as a function of lousy website pages I would short Netscape and Egghead, for example. Check how many button clicks on the netscape maze before you get to download the main product. OK thats enough soapbox for now. 3com has a lot of shares to divide up the revenues and so cable isn't more than a drop in the bucket, but as far as I can make out its the next thing on the horizon. The Palm Pilot isn't even a drop in the bucket either despite its publicity generation. If 3com revenues are to build it will be from the mainstream products introduced last fall, layer3 switches etc., and it better be followed up by more nifty gadgets. They are now speaking of 0.20 being a good Q and 3com turning around, well the earnings were better than twice that Sept '96 when you could have bought at the bottom of the panic dips for $32 and ridden the euphoria to $80 in December. That's not going to happen anytime soon but it may dip to $17 or worse from which you might buy and hold to $27. Greg