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


To: FUZFO who wrote (21617)9/18/1998 1:27:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 

>>The upgrade is reassuring, especially coming so close to earnings date, However, there is some confusion on what they upgraded to; see #reply-5763116 . Was it upgraded to "accumulate" or in fact to "strong buy"?<<

That's right.

Another thing that's confusing is that the earnings
forecasts is unchanged, but the recommendation was
upgraded.

I guess I interpret that as COMS being oversold
or too cheap for its expected earnings forecast.



To: FUZFO who wrote (21617)9/18/1998 2:13:00 PM
From: Glenn D. Rudolph  Respond to of 45548
 

Glenn, The upgrade is reassuring, especially coming so close to earnings date, However,
there is some confusion on what they upgraded to; see #reply-5763116 . Was it upgraded
to "accumulate" or in fact to "strong buy"?
THanks
Fuzfo


My source was Zacks and I suspect it should have been accumulate by looking at the post you showed. I really do now know.

Glenn