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


To: Mighty Mizzou who wrote (29540)4/7/1999 7:02:00 PM
From: Devon B.  Respond to of 45548
 
Problems at 3COM. It is obvious that 3COM is having some problems; focus and execution seem to be at the top of the list. This reminds me of Bay Networks a few years back. I think 3COM has a better market position and product mix than Bay did, but Bay had a serious problem with focus and execution. If 3COM and convince the market it has a sound strategy for moving forward and presents a plan for executing the strategy, this stock will recover to the 30's and then back to 40,50 plus once they show the plan is actually working (with earnings). Until then we could continue to see a trading range of 18-24. As far as 3COM being another CS, I think that is a bit far fetched.