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: Mike Denman who wrote (21530)	9/16/1998 9:09:00 AM
From: Teri Garner	Read Replies (1) \| Respond to of 45548

Prudential upgrades COMS: quote.bloomberg.com

To: Mike Denman who wrote (21530)	9/16/1998 11:48:00 AM
From: joe	Respond to of 45548

Mike, >>I think we should all hope the run up in COMS price is associated with good earnings. If not this latest run up is a balloon and will pop after the take over talk has died down.<< I agree. Hopefully, next week, good earnings will replace the reason for wanting to own COMS. Also, IMO, most investor's are buying because they think earnings will be good. >>I have seen Eric B. talk up the merger with USRX as going better than expected and then getting killed with the modem inventory. Now his line is they have turned the corner and they have not pre-announced.<< To be a little more accurate, IMO, Eric B. didn't know really what the modems were doing since he had no idea what was in the channel. Anyway, since all of that, he has had to pay a price. He has been threatened with law suits, and he knows that more false statements and he will be "nailed to the wall". In 1998, I have sensed a more cautious approach by him on whatever he says. This has actually worked to the detriment of the company, since whenever they do something good, he either doesn't toot his own horn, or nobody believes him. >>As for Herb Greenberg.....<< yes, Herb did a good job in kicking COMS butt. But, his job is to dig up dirt as much as he can. If he keeps doing it often enough, he will find enough bad apples to justify his approach. Remember last January or so? He accused CSCO of possibly stuffing their channels. CSCO claimed they had some good reason...they were stock piling for a new market segment to sell (small businesses), I think this was the reason. Anyway, Herb never got any further on CSCO's case. But if CSCO had missed earnings by a penny or two at that time, Herb again would have looked like a genius. I'm just saying, keep the balanced perspective. Herb is great, but he's not always right. joe