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

To: Pancho Villa who wrote (9872)	11/8/1997 10:40:00 PM
From: dougjn	Read Replies (1) \| Respond to of 45548

I have made a great deal of money in tech stocks and have deep profits in a number which I continue to hold, others I have sold. I lost a tiny % amount in coms, and could come in Monday much lower than I exited. The only sensible reason to hold during an evident and predictable significant downturn in a stock is if you have deep profits, which you intend to take several years down the road at long term rates. Not many are honestly in that position in coms. A few are. I am in that position in intc. Bought a sig. position in Jan 96 at 50and change. (Post split 25 and change.) Not selling. Sold some more recent intc purchases at a small profit in low 90s. Regards, Doug