John,
Yes, everybody has their own style. I'm more of a value
player, at least with COMS. I think COMS has been beaten
up pretty bad, but it has good future potential. If it
gets beat up some more, I'll stay with it as long as
I still see that future potential still exists. It's hard
to predict exactly when a turnaround happens.
Lots of people here are traders. Some short term, some
a little longer like yourself. With a hot market like
today, I know it must be difficult to stay in COMS right
now, and maybe you shouldn't since you could do way
better in DELL, Amazon, or Yahoo.
So, if COMS screws up tomorrow, all the traders will leave,
but if COMS has a decent report, they'll just leave a little
later after taking profits. Right now, COMS has screwed
up 2 previous quarters, so I would imagine that there
are less traders now than there were when it was up
in the $45-55 range. I'm more a long term holder, but I
get the sense, that what's left now, are traders
banking on COMS making a turnaround this quarter or at
least by next. But, like I said, if the tech sector booms
up all next month like it has the last few days, then
COMS probably only gets once chance from you guys...so be it...
everybody's got their own strategy and it doesn't mean
one is better than the other.
>> I believe there are also many traders waiting for Wed numbers.<<
I think you're right. Maybe what your saying is that if numbers
are good, price could go up fast. That's what Eric always
says. When COMS gets ready to go up, it's going to be
fast. He's been in 3COM for many years, so he's been through
some of these ups and downs. |
