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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST
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To: joe who wrote (18025)6/23/1998 9:36:00 PM
From: Captain Jack  Read Replies (1) of 45548
 
Joe--- The only reason we are in any stock is to make a buck. Most of us are optomistic and hopeful that happens Wed evening. If COMS comes through all shall rejoice. If not investors will put on their best smiles and go forward to the next qtr and the next--- COMS does have many investors that have faith in the company and the products and an enormous amount of faith in the future for the company. Some of us are traders... in at a price to make a buck on news, momentum, a bit of faith. Traders will hold as long as there is appreciation in price or the strong indication of it to arrive soon. At times we look at the issues we hold and put a time frame and attainable dollar amount on an issue. When one of those areas hit out it goes, hoping the baby has not gone with the bath water. We take the loss against gains to be made some where else with the procedes from the sale. A smile is on as we trade again knowing we were too early, too late, or just damn wrong. I believe there are also many traders waiting for Wed numbers... but remember traders are not fools and have seen a strong floor at 24 and a support at 26 also,,, they may decide to trade in this range... most will leave if more positives are not forthcoming..
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