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

To: Barkat who wrote (24071)	11/5/1998 1:09:00 AM
From: joe	Respond to of 45548

>>If you think COMS had know idea how bad they (USR) stuffed the channel, I can only laugh, it isn't worth arguing about, but it surelooks like some may have known by the amount and size of the insider selling.<< I'm sure they knew it was real bad, but it ended up being a total nightmare...worse than the worse they expected. Another thing, it was so out of control that nobody even knew what was in the channel. But, that's only a part of what went wrong. What really aggravated the inventory problems 10 fold,was the "modems standard war". If modems had sold anything near what they did previous to the merger, the modem inventory channel wouldn't have been that bad. There was also a network slowdown, unexpected, that made things worse. Another words, yes, management knew what they were getting into, but they thought they could jump over that hurdle. But instead, lots of other things went wrong and everything snowballed. Still, we are only scratching the surface here. This thread has rehashed those days over and over, ad infinitum, and I don't care to go over it unless there is something new to learn about it. Final word on my part....WAS IT ALL WORTH IT ON COMS PART?.... Hard to say for sure. IMO, yes. But modems was not why COMS bought USRX, and in the grand scheme of things the inventory cr*p was a short term problem. COMS bought USRX for its distribution channel, and access to products like TOTAL CONTROL, and the great talent that resides in the company. Possibly, the worse you can say, is they overpaid...We'll see where we are a year from now, and who has the last laugh. Does all the above matter that much? No, because they've clearly demonstrated that they've rectified their mistakes, AND, they are on the uptrend. So, now you are buying a cheap stock on its way up to its glory days. Of course, there may be plenty that will think COMS is certain to miss earnings. I hope there are tons of those folks out there, because that just means that I'll end up getting even more shares<gg>. >>Any thoughts of a warning now are premature. << Does this mean you still think a warning is possible? Good!! Where COMS negativity use to be my enemy, it is now my friend<g>