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


To: Bux who wrote (39420)2/17/2000 8:17:00 AM
From: sunfish  Respond to of 45548
 
Price targets are old-fashioned and based upon slow business cycles. I agree, as soon as making money becomes old-fashioned, so will selling at a profit. I don't have firm price targets, but typically sell half of my position at new highs when everyone is touting the stock. Selling at highs insures excellent profits (since I only buy when stock is depressed) and if the business cycles are faster now, this only makes the "buy" and "sell" money machine work faster. I have to admit, I am tempted to hold all my COMS since the PALM spinoff is potentially another kettle of fish and not just a new product announcement or a good quarter earnings report. Thanks for giving your 'take' on COMS.