Stockman_77079,
Are you the same poster as Stockman? Just curious?
>>Joe, this looks like dead money for a while unless you are into quick in and out for the short term up and down. It seems to hang between 32 and 35. It will probably take *great* news to move it.<<
COMS is a company that has a slew of new products. It's in
a major transition mode. It won't take *great* news to move
it. It just takes what it takes any company to start moving
forward, after falling backwards for a while -- mainly,
resuming a nice stable stream of earnings growth.
Right now, the focus is on getting modems selling. IMO
they will sell, if for no other reason being that's there's
no other decent way to improve net speed for the home
user. But because of all the standards war last year,
there is some bad feelings about upgrading to new modems.
This needs to be overcome, and I have confidence that COMS
has some skill at marketing a new image.
I think eventually, they'll start the ball rolling - nobody
can tell for sure when.
Also, I have a strong feeling that they're starting to sell
their new NICs pretty well, and also other products (of the
first wave). Like everybody else, I guess, we're trying
to see what's starting to move, at what pace. To me, it's
just a matter of when, not if.
COMS is not just a MODEM COMPANY. It's a big mistake for
anybody that thinks so. But, IMO, that's the long term
part of the COMS investment. COMS is a company for the
future, and that suits my style just fine.
I'm not a daytrader - at least not consistently - because
I have a regular job. Occasionally, I make some short
term trades - partly for fun.
But, anyway, I have noticed that it's possible to trade COMS between 32 - 36 or so. Sometimes, things get in the way like
today's Fed fears, which I am by no means convinced is as
strong a problem as the market is reacting to now. Asia/Japan
will keep rates down. It's time for a new Fed if they do
indeed raise rates this May - they are seriously losing touch
with the world if they do so (IMO).
To sum up:
1) Have to wait for one of the next 2 quarters for positive
earnings rise. This is not considered *great* news; but
on the other hand, many people will be very glad and
anybody holding that stock will see a nice QUICK JUMP
in the stock. It will go up fast at this point.
For a trader, that's considered 'dead money'. For
long termer, it's just business as usual.
2) Yes, I think this is a tradeable stock between 32-36,
just have to be glued to your screen a lot...
All the above is MY OPINION. Feel free to beat it up as
much as possible. We can't make money unless we face
reality, so ALL DEBATE IS WELCOME - THE MORE THE BETTER.
Joe
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