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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00170-19.0%Dec 26 9:30 AM EST

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To: Michael Ohlendorf who wrote (14812)3/25/1998 12:24:00 AM
From: cAPSLOCK  Read Replies (1) of 45548
 
Guys: If you were a fund manager what would you do tomorrow ? Buy more MSFT or COMS ? You would of course load the boat with MSFT and unload all your COMS ! Am I right or what ?!

You are what.

A smart fund manager bought microsoft YESTERDAY, not tomorrow.

If it was that simple to be a fund manager, or just an investor, we would all be rich wouldn't we? I have no idea what coms will do tomorrow, and my crystal ball is in the shop, so I can't even say for sure what it will do next Q. But if you buy when it looks good on the surface, and sell when it looks bad, you generally lose. A key in ANY kind of trading (stocks, baseball cards, real estate, etc etc) is simply: buy when many are selling (cause it will be cheaper) and sell when everyone wants to buy.

Once again, it aint that simple, but that equation is much closer to the truth than the other.

respectfully,
cAPSLOCK
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