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

To: Gary Korn who wrote (29559)	4/7/1999 11:00:00 PM
From: Patriarch	Respond to of 45548

Thanks for your comments, Gary. As someone who bought ASND at that time, I'm hoping for lighting to strike twice. Regards, Pat

To: Gary Korn who wrote (29559)	4/8/1999 2:09:00 AM
From: hitesh puri	Respond to of 45548

Intel's entry into the home networking market also caused some panic, as usual. But dont forget our pooch is teaming up with King Kong and that market is in its nascent stages. See biz.yahoo.com Products are coming in summer and will be 10 times faster than Intel's. Major cable head end equipment deployment in summer too along with Palm VII. COMS is dead for 3-6 months and I agree it seems like eternity but thats the way it is. If anyone remembers then you will recollect that COMS tanked in April 97 when Intel release their one chip solution for a NIC and analysts just went loco saying all 3Com NICs will be obsolete. But 3Com kept on saying that they too have one coming in 6 months and they really did but by that time they had shot themselves in the foot with the USR inventory glut. Point is analysts never know the real turning points they are all reactive. Very few are proactive. -Hitesh

To: Gary Korn who wrote (29559)	4/8/1999 10:26:00 AM
From: Bosco	Read Replies (2) \| Respond to of 45548

G'day all - Gary, I think COMS's low margin NICs actually works against its diversifications. Hedging the bet is good, but not at the expense of diverting resources for high margin product ramp up. However, that is actually the least of COMS's problems. The CEO is! This is almost like ASND, when Mory decided not to show up at one of the tech conferences. ASND did patch things up by hiring a top notch CFO. Of course, having products LU wanted also helps. COMS's sin goes a bit deeper too. For the past 2 years, it stuffed channels, blamed its problems as industrywide slowdown, aggressive accounting... Even if the CEO refuses to give up his post, he should surround himself with top notch people, instead of using them as fall guys. Sorry I don't mean to bad mouth COMS, but want to convince myself not to bottom fish. I am certainly open for convincing otherwise. best, Bosco