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: Eric who wrote (22503)	10/5/1998 11:31:00 AM
From: joe	Read Replies (1) \| Respond to of 45548

Eric, There is some worry about corporations decreasing their network purchases in '99. Cowen, I think, said they did somewhat of a poll (unreliable I'm sure) on the IT departments and concluded that CSCO would not be selling as much. IMO, what a bunch of crock. There's no validity in trying to predict what's going to happen 4 months from now and extending an entire year after that. Besides, the networking sector will grow regardless of just about anything since it's so inherent in making companies much more productive. Internet infrastructure will keep developing no matter what. AND, the US is not even close to recession yet, but that's what COWEN is just about assuming. IMO, just another analysts' excuse to create volatility. I'm keeping my CSCO shares. I'm more worried about the entire market just repricing everything and staying underwater for who knows how long. joe

To: Eric who wrote (22503)	10/5/1998 12:07:00 PM
From: joe	Read Replies (3) \| Respond to of 45548

Eric, One of the reasons I'm sticking with my CSCO shares (COMS is still by far the major portion of my portfolio), is that CSCO, IMO, will whip LUs butt when the time comes. As Steve Porter posted a few posts back, CSCO is getting slowly chipped away by the COMS type equipment that is lower priced and probably more the way of the future. I'm speaking mainly the switch routers. But, I still see CSCO as moving up into the telecom equipment space and dominating there for at least a good while, until COMS produces related products. But the main point is CSCO will have their own gigantic niche for a while provided they beat out LU and NT. I think they can do this because they are coming from the IP side and LU has to much invested in legacy systems with it's former telecom customers. Also, CSCO still has the flexibility to change technology in the "core". COMS flexibility in the edge will be a powerful force IMO, but CSCO is not a network dinasour as some have concluded. I just think that CSCO and COMS will stay out of each others spaces for a while still, so there is still not a big need for either to fear the other. Maybe in 2-3 years from now. joe