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


To: Eric who wrote (28574)3/3/1999 1:35:00 AM
From: Doug Meetmer  Read Replies (1) | Respond to of 45548
 
I think people are a little optimistic if they think COMS will rise any time soon. This stock will head to the low $20's, just like last time, the question is when. If not tomorrow, then during a broader market decline. The bottom line is that the stock is dead money now. No institutions would put their money in this for at least 3-6 months. It's much better to buy CSCO, a proven leader.

COMS has zero reputation on the street and it will probably take 6-12 months before we see any sort up price trend upwards.

Good luck all. Eric B should be jailed in a Chinese prison.