Hi Dave; I alluded to the style of getting options cheap, and
then shorting the stock. While it's not lawful taht don't stop
most crooks. What is allowed and what happens are not always the
same, it's easy to get around; and hard to catch them that do
it.
I have no reason to think this management is more honest than the
average, and I find the average is a lot less than honest.
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All that aside I was considering a position ( I have none ).
At those times my style is to present an argument, ( good bad or ugly ) against what I think the attitude of the thread is. If people
agree with it I then re-think things, as I'm not looking for
agreement.
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I surmised you guys are long, but worried and may sell on any
real bounce, & I don't blame you. The type of response I have
gotten so far on COMS has killed my flirting with what does now
look cheap, but I well know looks can be devising.
The hype on the Yahoo thread also turned me away,
One guy went on the post COMS was buying back 10% of her stock,
and that was a little too far fetched.
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From CBS market watch on buy backs
3Com COMS, 10 mln shares in part, for employee stock plans.
That's about 3% & it should give her at least a short term
boost, but that's sort of iffy.
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I'm not a long term buy and hold type, still I don't like to
buy even short term if the longer term don't look fairly
good and I just can't see COMS every getting back to her old highs,
But she is a brokers dream come true.
Good Luck
Jim
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