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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: Bill Coenen who wrote (34890)10/6/1999 4:11:00 PM
From: The Phoenix  Read Replies (1) of 45548
 
the price of bits or bulbs seems to reside in the perception of their beholders.

AH!!! OG's rule #1 of investing. Forget about the company..no matter how good or how bad. Check other peoples perceptions..that is what drives prices these days. MM's and FM's have less control than ever before. These guys did some dd and based investments on a companies expected ability to perform. However as more "un-intelligent" investors have entered the market stocks and companies can move in different directions....not 180 from one another but the stock can be rocketing or tanking while the company is simply treading water.

PERCEPTIONS!!!! OPP ... OTHER PEOPLES PERCEPTIONS... Don't forget it! ;)

OG
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