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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: The Phoenix who wrote (33801)9/10/1999 6:24:00 PM
From: Mehrdad Arya  Read Replies (1) of 45548
 
Gary, thanks to the disappointing results of COMS I was able to buy into COMS at a relatively inexpensive price. For this reason we should all be grateful for getting this opportunity to take advantage of those AnalCysts that were ignorant of COMS inherent value. I am expecting COMS to return to the $40's very soon and expect it to reach at least $65 within 5 quarters. The BOD has done and is continuing to do a marvelous job in restructuring the company as a whole but unfortunately you will only be able to corroborate this with time. The 10K clearly delineated the glide path COMS intends to take - they predicted a slow down in growth for approximately 6 months. At the time of their next conference call which is slated for the latter part of this month, four months of slow growth will have elapsed. Now do you buy when all is well and pay a premium for COMS, or do you have faith and buy at a substantial discount when there is plenty of pessimism? With a little prescience and due diligence I have made my bet. The thrill of victory will be mine and the agony of defeat will be for those pessimists and AnalCysts.
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