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


To: FUZFO who wrote (22500)10/5/1998 10:51:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


>> CSCO getting killed, some news about taking a charge and a downgrade.<<

The charge is for an acquisition. Charge only amounts
to 2-4 cents for '99 year.

More importantly, they were downgraded by Cowen and also
are being investigated by the FTC for colluding with
other businesses (LU I think) to try and dominate market
share.

BS from the market manipulation folks. IMO, if there was
any truth to this, it should have come a long time ago,
not at the same time as the downgrade and market problems
in general.