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


To: American Spirit who wrote (30071)4/25/1999 10:54:00 PM
From: Bill Coenen  Read Replies (1) | Respond to of 45548
 
American spirit,
If you bought COMS because of takeover rumors your motives are incorrect. You will feel rather stupid, but happy, all the way to the bank when no takeover materializes and COMS finds its way back to the forties where it belonged in the first place. Review the thread, between the hype and the vindictiveness is the true story of a CEO and company over-penalized by the street for their less than stellar performance. Good luck, Bill



To: American Spirit who wrote (30071)4/25/1999 11:39:00 PM
From: Stu Bishop  Read Replies (2) | Respond to of 45548
 
American Spirit,

Regarding the following:

"...I do believe it's gettin taken out this time having digested the news and logic. The bigger telcos and/or computer companies now NEED COMS to compete. And COMS cannot survive very well on its own. It's all very logical. In fact I expect something of a bidding war. Do I hear $60?..."

You're saying that companies are going to compete for ownership of a company that can't survive. And you're claiming that this is all so logical. I don't understand.

Here's a company whose earnings growth rate has fallen from the 40% range to 20%, their 200 DMA has been falling for over two years, and they continue to disappoint over and over. Until they show some real improvement, this is a $26 stock. You can talk about the technology all you want, and how great this company is, but what drives a stock price is bottom line performance. Most of the people on this thread are in denial for the last 28 months. This company has to show very dramatic evidence that the "financials" are improving, before this stock is worth $60 (to me) or for that matter $40.

GET REAL!!!

Best of luck to all.

Stu B



To: American Spirit who wrote (30071)4/25/1999 11:54:00 PM
From: Mang Cheng  Read Replies (2) | Respond to of 45548
 
Rumours for a coms buyout were around for as long as I can remember. But it had never been able to move coms by even 50 cents. The last credible rumour was spread by Herb Greenberg but it turned out to be just that - a rumour. But now coms by default is the only big data networking firms left to be brought out. It's like you are the last marathoner to come back to the stadium and almost drop dead but usually you get the most applause !

Mang