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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 4 10:50 AM EST

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To: hdl who wrote (45488)6/29/2005 7:32:14 PM
From: geoffrey Wren  Read Replies (1) of 45548
 
I made some money back in 2001-02 I think it was, buying a beat down stock that seemed it was compressed about as far as it could go, and it went up a point or so. Decided to let my profit ride, thinking the cash position and the technology should pretty well provide a floor. And I think they had a movie studio, Comworks? It was regarded highly, but I see no reference to it now.

And since then nothing. Of course other telephone equipment companies have not done well either. I am about ready to think of this category in the way I think of Airlines. Companies stay in business awhile, never pay a dividend, and then go out of business. Ruinous competition.

Just an impression. I'm thinking of selling.
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