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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Scrapps who wrote (9024)11/11/1997 9:44:00 PM
From: Pervert  Respond to of 22053
 
Scrapps -

it's been over a year now that I've responded to this thread and the price of COMS is around the same. I accidentally became a COMS stock holder due to my position in USRX. Luckly I sold at a nice profit.

I hope I don't upset too many people, but I think COM's current PE at around 35 is little high. I believe the stock price will come down to around $28, and that's when I'll take a position again. I think a PE of around 20 is about right for a semi-commodity high tech firm.

I bought CSCO at $73.5 in August and sold at $84 last week. What I love about CSCO and COMS/USRX in recent years is that these three stocks have holders that faithfully love them for whatever reason. Hence, making the volitility play easier for frequent momentum profits.

Regards,
The Pervert - obsessed with obscene profits.