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

To: Tom Gebing who wrote (27438)	2/3/1999 12:13:00 PM
From: Finder	Respond to of 45548

Well we just blew through the morning lows.

To: Tom Gebing who wrote (27438)	2/3/1999 12:25:00 PM
From: joe	Respond to of 45548

>>Now down 20% since yesterday on a analyst that thinks 3com may have some pricing pressure and drops his estimates by 2 cents...but maintains a buy..... Is this overdone or what ?<< I'm now a firm believer of the "inefficient market" at work. Where the hell are the analyst around letting folks know there's an over reaction? If COMS is really valued at 20% less in one day, then some analysts have made some really bad calls. So, either, they've made some bad calls, or they should be out defending their calls. Nah, they're just a bunch of followers because they'll just make their pronouncements after the fact to their advantage. Well, Greenspan reports at around 2:15pm. Maybe, this will bring some respite from the panic frenzy. I can't imagine a rate-cut, but then heck, that would just mean that business is doing great.