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

To: dougjn who wrote (9807)	11/7/1997 8:14:00 PM
From: simonds	Read Replies (2) \| Respond to of 45548

You talked alot about 56k modem, Cable, and XDSL in your 19 posts for the day, here and at the ghost thread. So, when did you become an expert on these things? Was it before you bought at avg 46, or was it after you dumped at 44+? Doug, you don't have to yell the sky is falling and scaring every one on this thread just because you're looking to buy back. You're not working for one of those brokers, are you? ;) Here is something to think about: sub-$1k pc is hot, and they ship with modems. So, which one will it be, 28.8, 33.6 or 56K, Cable modem, or ADSL modem? Simonds.

To: dougjn who wrote (9807)	11/7/1997 8:44:00 PM
From: Dana Adams	Read Replies (1) \| Respond to of 45548

Dougjn you misunderstood the whole argument I was trying to make. Surely you may have come out on top during this recent sell-off but that really is not what investing is about. Long term investors of good solid companies tend to fare far better than those who insist on going in and out based on daily price fluctuations. Another point worth noting, is that you simply cannot invest based on some brokerage house upgrade or downgrade. A classic example is Intel's reversal within a matter of 24 hours. If one was to get out of them before the close yesterday they surely would have regretted their action today. In retrospect your move on selling COMS at 44 seems to have worked in your favor, however it just as easily could have backfired. I challenge anyone to accurately predict the movement of any stock over a short period of time, however, if you own a quality company chances are good that you will make money on them over the long haul. IMHO, COMS is a quality company going through an adjustment process. If by this time next year we are still experiencing similar types of problems it may very well be time to sell and move on. I would appreciate greatly if you could share with us the bad signals you think are lurking out there for COMS. I am all for sharing information both good and bad and for letting the chips fall where they may. No hard feelings against your way of investing and only the passage of time will prove one of us correct. Besides, what good is it to get out now at 38 unless we know for sure what the bottom truly is? Dana Adams