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


To: joe who wrote (23060)10/21/1998 3:06:00 PM
From: sam  Read Replies (1) | Respond to of 45548
 
I believe this buying is NOT necessarily due to takeover speculation (yesterday's buying was related), but rather strength in networkers in general...plus a widespread belief that now that COMS has turned the corner it is somewhat undervalued compared with its peers. At $2.00 per share, and a multiple of 20 - 25, COMS may well be trading much higher.