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


To: Dee Jay who wrote (9852)11/8/1997 2:03:00 PM
From: Dana Adams  Read Replies (2) | Respond to of 45548
 
How are you Dee Jay? You were correct when you stated 'let sleeping Canes lie'. Oh well better luck in '98 for them and ASND. Warriors never die they just rest and regroup.

Wasn't it wonderful to see the sun come up this morning coupled with the birds singing? Upgrades and downgrades will come and go, stick with a quality company and the future will be bright. All this stuff from analysts is intended soley for their financial benefit. Keep in mind that they don't get paid by people buying and holding.

About a decade ago I was informed by my broker to sell MSFT since in his mind they had reached a short term top. I politely declined and to this day have not regretted my decision of holding for the future. For all young'uns out there that are squirming over a few points one way or another, keep in mind that this trade made a decade ago has netted me a tad more than a double or triple bagger over the years. A more recent example can be found in the stock prices of IBM and INTC. For those who wiggled and sold a few years back, the agony of watching the ticker rise surely must hurt.

Who cares if COMS should drop to 30 or even 20, as long as they are in business to make money shareholder value will surely follow.
Lay it on us some more Doug, because unless you have proof that COMS will fold and close it's doors, nothing will cause me to sell my shares.

FWIW:

On 11/8/97 - Dana Adams reiterated his hold rating on COMS, citing that the company plans on being in business far past, Q2 FY98.

Dana Adams