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

To: The Phoenix who wrote (44431)	8/16/2000 7:12:19 PM
From: Mang Cheng	Read Replies (1) \| Respond to of 45548

"Integral Capital's McNamee:Look For 'Unloved' Tech Stocks" Dow Jones Newswires NEW YORK -- Advice to technology-stock investors in the current market environment: Focus on the parts of the market that everybody hates. Those words from Roger McNamee, general partner at Integral Capital Partners on CNBC-TV Wednesday. Take the business-to-consumer Internet space, McNamee said. "Wall Street knows with great conviction you can't make any money there," he said sarcastically. "Whenever everybody believes something, they're probably wrong," he added, which is why he likes Amazon.com Inc. (AMZN). McNamee said the the Web-retailer's stock is cheap, and "consumers are buying from them like crazy." Amazon's core businesses will be profitable when it chooses to slow its rate of investment, he said. McNamee suggests choosing "unloved stocks in great industries," such as 3Com Corp. (COMS) and Cabletron Systems Inc. (CS) because their product cycles can "overwhelm whatever issues Wall Street has built into those stocks today," he said. -John Shipman, Dow Jones Newswires; 201-938-5171

To: The Phoenix who wrote (44431)	8/18/2000 9:01:52 PM
From: David E. Taylor	Read Replies (4) \| Respond to of 45548

Gary: I'm sure there'll be many opportunities to make some more trading profits on COMS over the next year or so, but maybe not with the reward/risk ratio you can get right now. I sold most of my COMS (and this time all the COMS options I was holding) at around $18 last week before I went to CA to visit my daughter and new grand-daughter. Put a stop loss on the rest of the COMS shares just above $17 before I left, it got taken out on 8/9 while I was in transit. I figured if it broke below $17, it could go back to under $14 before picking up again. But when I looked at the action on 8/11, it sure looked to me like a short term bottom at $15, and that may be the floor for COMS from here on. So I bought a bunch back at around $16. It may hang in around here for a few days, but could easily run to $20+ before September earnings. So this would seem to be a good point to enter a COMS trade with little apparent downside. Market looks like it's getting ready for an upswing, Fed meeting Tuesday will probably be no change, and the Nasdaq could easily put on a few hundred points in a hurry. All JMO as usual. David T. P.S. I was actually totally w/o any COMS in any account for 4 entire days - first time since last September - guess I couldn't stand the withdrawal! At least this time I have no options pressure, so I can afford the luxury of not hanging on the COMS intraday chart all day.