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

To: hitesh puri who wrote (28432)	3/2/1999 3:59:00 PM
From: Mr.Fun	Read Replies (2) \| Respond to of 45548

H&Q and DLJ have been bombing this stock for several hours. Someone, I don't know who yet, is unwinding a huge position in 3Com - tens of millions of shares. Once this seller is done, the stock should move up, but not until then.

To: hitesh puri who wrote (28432)	3/2/1999 4:05:00 PM
From: Moonray	Respond to of 45548

MERRILL LYNCH CUTS 3COM <COMS.O> FISCAL THIRD QUARTER EPS ESTIMATE REUTERS Rtr 15:42 03-02-99 o~~~ O

To: hitesh puri who wrote (28432)	3/2/1999 4:09:00 PM
From: Manuel Noriega	Respond to of 45548

Just doubled my position. The stock is IMHO oversold. I first bought last year @ 24. When a stock loses nearly 50% in one month it often indicates panic and thus an excellent buying opportunity. A similar sell off occurred roughly a year ago with ORCL. I bought it then at 21 -- it is now at 37 (post split). On the whole I like 3Com, with its diverse mix of high quality products in a rapidly growing industry. --Manuel