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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (37932)	1/5/2000 7:47:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 45548

Paul, Long - unfortunately... but well in the money - even if we drop below 40 which I don't expect. As for CBS Marketwatch - I'm sure they had no problem figuring out my position - I've been very clear about my it yet some feel that it's a schizoid position. Actually it only seems that way because I'm perhaps a little more realistic than some here on the thread. I'm upbeat about PALM. I think COMS has some problems yet at these valuations it's worth buying COMS to get to PALM. The only time I've been negative on COMS is when I respond to posts that have irrational expectations about what will be left at COMS after PALM is spun-off. COMS has some products yet they continue to lose market share and are not a dominant player. Let me try to be clear. I would never buy COMS at these prices (or even at 25) if COMS wasn't spinning off PALM. In fact I said that last summer. There was a time about 6-8 months ago when I thought COMS was a good takeover target but after getting a better understanding pooling issues that hope went away (although pooling goes away in April - so if someone wants to use pooling they'll have to make an offer before April - interesting - no?). I'm here because I think PALM has got a strong lead in the market....and yes, it concerns me greatly that Microsoft is waking up. I expected they would... I was hoping they'd wait a little longer.. and well... I didn't expect to see such a sucky market. I expected profit taking but this is a bit more than I'd expected. So, well... yes, I'm long.. and I even bought more today. Perhaps I should've waited. Ah well. It's only 5% of my portfolio. Oh.. and one other item. Investors take a somewhat different view than do day traders. I don't have the balls to day trade. :-) So, even if we take a smaking tomorrow this pup will move back to $50 before IPO day. I take it you bought some puts today??? OG

To: Paul A who wrote (37932)	1/5/2000 9:42:00 PM
From: FNS	Read Replies (2) \| Respond to of 45548

PaulA: re <<I hope for your sake you ARE short because the next few days will kill you if you long...>> Paul, if you're implying that COMS will go UP in the next few days, I HOPE you are right! U know something that we don't??? But TECHNICALY speaking, COMS disappointed when it hit the wall at 48 and then today as it broke it's bullish uptrend line when it hit 43...and that ain't good. So if Gary is shorting he's got good cause technically...if it breaks down below 43 then 39-40 looks like next support! On the other hand, COMS could bounce from here...but have no clue what it'll do tomorrow or next few days... I'm quite confident that'll COMS will see 55+ by Feb end, but right now longs could get clutchy, get disappointed, and take profits/jump ship... It would be real nice to get some encouraging news tomorrow to turn COMS North. Real fun if you're holding COMS Jan calls....like me! Oh well, heads, stay the course....tails dump 'em! Go COMS! PLZZzzz! :) FNS