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

To: Greg Jung who wrote (21221)	9/4/1998 5:00:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

>>Did I say I was going to buy COMS because of cable?<< I don't know. btw...same case applies for xDSL. >> I have 33.6k and no reason to get faster,..<< Then you must not really be into the internet. Going from even just 33.6K to 56K is a noticeable difference.... >> the bottleneck is more often the lousy server service.<< The majority of ISPs have just about made the switch to 56K service. Shouldn't be a problem there. If service is slow because the web site has low capacity (not enough servers, etc..), then it will be slow no matter what kind of connection you have. >>The Palm Pilot isn't even a drop in the bucket either despite its publicity generation<< That may have been true at one point, but you'd be surprised at how's that is changing. I didn't buy COMS for the Palm Pilot, but it's going to be a hell of an extra I hadn't counted on. >>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,<< that's the analyst/company game they play for these turnaround storys. Lowball it to death, make sure the company can meet low numbers, then slowly jack up the price and get 100% return in a year. >>That's not going to happen anytime soon but it may dip to $17<< The would be a 'weak market' problem, not a company problem.

To: Greg Jung who wrote (21221)	9/4/1998 6:27:00 PM
From: matt fahy	Read Replies (2) \| Respond to of 45548

Greg, >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. < What? $17? I think it has better chances of making $80 before $17, please. What makes you so negative on 3Com stock price? Is it the company or the market? $23 support has held every time so far and markets are currently in the trash can. Could it go lower? yes, but remove another 28% of its market cap., I just don't see that happening. Besides the .20 is not that important imo, they will easily make that #, its sequential revenue growth and gross margin stability or GM growth that will be watched. I am expecting above average EPS due to reduced operating costs as they should have reduced alot of the duplicate o/h between the companies by now. Didn't 3Com lay off significant employees over the last 6-9 months, no more severance charges, etc. Matt