Insiders Are Bullish on Jilted 3Com

Stock quotes in this article: COMS  

Fears of how the economic slowdown in China will affect future revenue growth are undoubtedly keeping a lid on the company's shares. But the firm could have worse prospects than relying heavily on a country where 9% GDP growth constitutes a slowdown.

Though disappointed not to have a gain in my 3Com shares after seven months, the downside protection that 3Com's fundamentals have given its stock so far during this unprecedented stock market storm must be recognized as a measure of success.

When the pall dissipates, 3Com appears as good a bet as any to finally benefit from investors trusting value as a support, and growth as real.

This article was written by Jonathan Moreland, whose newsletter, "TheStreet.com InsiderInsights," parses mounds of data on insider trades to find investable ideas.

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At the time of publication, Moreland was long 3Com, although holdings can change at any time. Jonathan Moreland is director of research and publisher of the weekly publication InsiderInsights, founder of the Web site InsiderInsights.com and the director of research at Insider Asset Management LLC. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. While he cannot provide investment advice or recommendations, Moreland appreciates your feedback; click here to send him an email.




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