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


To: richard w allgaier who wrote (44121)7/22/2000 1:44:24 PM
From: David E. Taylor  Read Replies (2) | Respond to of 45548
 
Rick:

Time may well prove you right, but the COMS in my COMS stock has a basis somewhere between zero and $5, so I'm happy to take $15 to $20 and depart. And my recent COMSV cost me $12.25, and as a short term play I'll again be happy to take $15 to $20.

Like you, I've "bottom fished" COMS in the $20's a few times since 1997 and done OK. I've also lost some money buying it higher. But those trades were all relatively small, whereas both my pre-IPO and my present COMS holdings are "irrationally large", and hence will be sold, leaving only a "sensibly large" PALM holding.

Good luck with your COMS.

David T.