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


To: Raymund W who wrote (10315)11/15/1997 9:31:00 AM
From: Chi-X  Read Replies (1) | Respond to of 45548
 
The COMS shareholders on this board seem to have a clearer head than the ASND shareholders. When ASND was trading from $30 on down to $22, everybody was screaming that it was a great buy. Looks like a lot of blood was spilled during those times. Now we have COMS sitting at $30 and I haven't heard one peep out of anybody screaming this is a buy opportunity. I'm glad there's more focus on issues as to why the stock is declining rather than focusing on whether this is the bottom or not.


Cherio,
Chi-X hath Spoken!

"There shall be no wine, before its time."



To: Raymund W who wrote (10315)11/15/1997 9:52:00 AM
From: Bill Coenen  Respond to of 45548
 
Sunny,
Add to Ray's prognosis that CISCO appears to be gaining market share and the fact that 5% or so of their world wide sales are impacted by the Asian flu and the decline makes sense. I for one think it's an overreaction, so I've been adding to my position as a long term hold. Frankly, I love the gloom and doomers because they help make it a better shopping bargin. All IMHO, luck to us all. Bill



To: Raymund W who wrote (10315)11/15/1997 7:46:00 PM
From: sunny  Read Replies (2) | Respond to of 45548
 
No, I don't think so. Look at CSCO which is only off a couple of points of its high. and it's not only in the same industry (techs) it's also in the same sector.

Regards,
sunny



To: Raymund W who wrote (10315)11/16/1997 8:47:00 PM
From: HerbertOtto  Respond to of 45548
 
Yes. This intermediate correction is being used to select out the
winners. CSCO looks like the chosen in networking. FORE and
BAY may be getting another chance. ASND & COMS are getting
the cold shoulder.