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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: RLM who wrote (9773)11/8/1997 6:12:00 PM
From: Pancho Villa   of 45548
 
>>We may have a winner on our hands, but how long until we start winning. <<

Good point this is precisely the reason why the crowd started dumping COMS to switch to expensive Cisco last week!

It was like all of a sudden everyone had find out that COMSwas #2 in networking and started selling. Come on! We have know all along [even at 80+] that COMS holds the second spot! I saw last week's drop as an excellent buying opportunity [as did the half one half of people who were in the buy side of the trade].

We may be wrong short term. But long term we should be OK which is what I care about.

>>Why sit on a dog and wait for it to come back when there are may other stocks with a brighter future where we can start winning now.<<

What makes you so sure that other sotcks are better opportunities? Probably the price drop makes COMS the oportunity. I have and will continue moving money from other more fully valued stocks into COMS if the price stays at 38 or drops. Be aware of may become a victim of the sell low buy high syndrome.

Pancho
Pancho
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