russn, no mortal human being can predict the daily sentiment of the public, but if you based your investments on sound fundamentals like I think you did, you should have little to worry about. In the short term 3Com has shown some weaknesses but they are minuscule compared to their prospects. I will not bore you with the my usual spiel on 3Com, but I will tell you that I have put every penny I have garnered, that is substantial by any standards, into 3Com. I sold 20% of my portfolio when it hit $53 and bought back at $44.75. Even at a price of $46.75, which is a $16 billion market cap., the stock is fundamentally a bargain. Next year you will see that the Palm alone will command a market cap. close to double 3Coms current market cap. The Palm IPO has given 3Com a 10 month reprieve to restructure and and reposition itself as a major contender in the sphere of Networking. With the companies current strategy and growth rate in the Emerging markets (Wireless, Broadband, VoIP, LAN telephony etc.) and e-business coupled with a turnaround in Networking and the Palm IPO, 3Com share holders should be rewarded handsomely.
Remember:
Patience is more rewarding than ingenious.
Knowledge is Power.
Prescience allows you to carve your own destiny.
No guts no glory.
The biggest risk in life is taking no risk.
Faith in God will help you prevail when the ugly face of adversity manifests itself.
Shoot for the moon and if you miss you will be amongst the stars. |
