I agree. As puzzling as the stock price movements
are, I see value for the $. That's a long-term
investment decision. As far as trying to predict
the price movements for next week or next month...this
stock just doesn't obey the laws of market physics.
>>I don't like the decline any more than anyone else,
but I see many more reasons to buy than to sell at 24.<<
Yep, I agree. But if I buy more, I'd like to feel that
I'm buying at the bottom. If you buy at a great price
of 22.5 and the week after, it's at 20, then you'll
wish you could've saved that 10%. :-)
For those of us that bought at 30, we thought we had a
great deal considering that we were at a 6 month low
and earnings report one month later was good. Not to
mention a 15-20% jump after earnings report.
When's this sucker going to bottom out is the big
question. If we're at close to 52-week low, then
what's the stock going to do during preannouncement
month (this month) when everybody's nerves are on edge?
Especially, when 3Com will be as quiet as a mouse.
Hopefully, we sweat it out like last quarter, get
another good report, and COMS will get the respect
it deserves.
Cheers to everyone who's held this long!! |
