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


To: Mark Glembocki who wrote (29538)4/7/1999 6:34:00 PM
From: Mighty Mizzou  Read Replies (1) | Respond to of 45548
 
Everybody loves COMS including analysts

Not sure about this one. Why do you think this is so?



To: Mark Glembocki who wrote (29538)4/7/1999 7:42:00 PM
From: Doug  Read Replies (1) | Respond to of 45548
 
Mark: I will agree that current sentiment has driven this to an oversold condition.

However neither T.A or Tea leaves can tell us when that will change.



To: Mark Glembocki who wrote (29538)4/7/1999 8:47:00 PM
From: Slaran  Read Replies (1) | Respond to of 45548
 
COMS doesn't need buyout rumors. It *is* being driven lower by sentiment, and the funny thing about these things is that only when
sentiment is at an all-time low will it truly bottom.

Believe it or not I'd welcome negative news on this stock because it just means that the day of the bottom is that much more near.

Sure, it would be nice for it to open up at 45 one day on a confirmed takeover, but for those like me who own it in their cash accounts in an IRA, it really can't go too low.

I mean, each point it goes down sees several millions in market capitalization deteriorate, and believe me the #2 networking company in the world will not have a zero market cap.

Ridiculous.

-S