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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-67.5%Nov 7 11:47 AM EST
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To: Mehrdad Arya who wrote (39637)2/22/2000 12:43:00 AM
From: The Phoenix  Read Replies (2) of 45548
 
fwiw I am not buying CSCO at these levels although I still hold it. I am not buying COMS at these levels although I still own it. I not in "love" (your words) with either company or stock and never fall in "love" with any position I hold - perhaps contrary to the way you invest.. er...gamble. And this is the crux of the issue Mehrdad. Most folks invest and investing is much different than what you do which is gamble.

also fwiw the analysts are saying CSCO will likely be the first company to $1Trillion - that's good for a double and while I don't believe it I feel that CSCO is a far more stable investment going forward than the uncertainty that PALM/COMS will bring. That is not to say that PALM/COMS won't go to $120 - simply that there is a much more uncertainty in COMS/PALM than CSCO. There is much more downside risk in COMS than there has been in ages..... I'm still long but will lighten up early next week... maybe even some this week - especially if we see 61.

OG
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