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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST
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To: mr.mark who wrote (38845)2/3/2000 1:00:00 PM
From: Mehrdad Arya  Read Replies (1) of 45548
 
Mr. Mark, I sold 20% at 53 and immediately bought back at around 44 & 45. Actually my position is even greater now than it was then. All my eggs are definitely in one basket. In March I will have the option of selling and only paying 20% capital gains, since it will be over a year that I have maintained most of my positions.

If this continues as I expect I will be happily ensconced for life. I intend to donate 50% of my gains to a selected charity and the remainder will be used on raising a family.

I am thankful to God for allowing me such a windfall and hope that I can reciprocate in kind to those that could benefit from his graces.

Again, my position has always been not to straddle the fence and as my threads will corroborate I have been long 3Com since March of 1999. My target has been $65 but I have maintained the position that 3Com's fair market value is $120. I might choose to keep 50% of my position after March but that will be contingent on market conditions domestically and around the globe.

Again, it is good to know that we have witnesses and corroborating proof to defend ourselves when we are libeled or slandered. My proof is on this site for those that wish to do their due diligence.

Long 3Com which owns the Palm, that was a losing proposition until 3Com was able to turn it into the success it is today.
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