Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mr.mark who wrote (43968)	7/15/2000 6:12:22 PM
From: Harry J.	Read Replies (3) \| Respond to of 45548

You guys just kill me. Careful, Mr. Mark, you almost used the B word yourself in your answer to miklosh (doesn't EB count?). And if it hadn't been for Merdad's irrational optimism after the price break in late March (just after I had doubled in), I wouldn't have doubled down after the price break (instead of recognizing a short term loss like I should have done) and then I wouldn't be reveling in my paper profits while on vacation (no, I don't have anything better to do than read your posts - it's raining today, and I'm sunburned from last week, anyway). So, thanks, Merdad, whatever you are. OAM - Saw my first PALM commercial today in the midst of the Orioles losing to the Braves on HTS, a local sports channel (which prompted logging on to mention it). People on two separate trains lock eyes. Will their PALMs communicate? I'm not telling. Made me want to buy one although I don't take trains very often. More seriously, I loved David's "Oh, poop" explanation of being a couple per cent off on the conversion. Many years ago when Chrysler had Federal loan guarantees, I tried to track mgt. options and couldn't get the numbers to reconcile. We discovered that, when two options disappeared, the company was buying back one so the holder wouldn't actually have to come up with cash to exercise the other. They'd then put the stock in their treasury which was why our numbers were off. Neat trick - the company buys back a share from the officer, and the officer essentially got a share for "free" and all it cost was an option to buy a share. Took me a couple months to track it all down. So when I saw David trying to do the same thing, I sat back and admired his tenacity. Mang Cheng, as I posted awhile ago in response to a Mr. Mark comment, I don't really see anything wrong with holding PALM as the investment and using COMS as the vigorish for the long term. Other than short term trading profits (which, I admit, look like a fairly low risk activity), do you see a reason not to sit tight for a couple months with COMS & PALM? Regards, Harry J.