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

To: dougjn who wrote (10442)	11/17/1997 9:09:00 PM
From: JoWilly	Read Replies (2) \| Respond to of 45548

Dana, On Doug's behalf, I have been reading his posts for over a month now with dismay at first but he has been very accurate. I felt that the stock was a bit high at 55 a few weeks back but never thought it would go below 40 like Doug predicted back in October (In fact, I think he said high 20's). I now look forward to reading his posts because he has much to offer to this thread as I think Mang can attest to now. Also, he is keeping to his word by purchasing back in the low 30's as he predicted so boldy a few weeks back. Keep up the good work Doug because I think it is good for this thread to have a variety of opinions to consider. JoWilly P.S. I bought Jan 98 55 Puts when the stock was at 56 and sold for a nice profit when the stock was at 41 but if I had only known. Oh well. 3Com at 34 doesn't look like a bad investment so I think it is time to buy some LEAPS.

To: dougjn who wrote (10442)	11/17/1997 10:21:00 PM
From: Dana Adams	Respond to of 45548

James thank you for your kind words, your followup line sums it all up nicely, very nicely. Mang, hang in there pal you will prosper greatly in the long run. Get real Doug, why was my tone so insulting? My post merely recapped what you had posted over the past week. The points I referenced you left alone. I ask you once again good Sir, have modem sales now gone from terrible to good? Are 98 earnings now revised sufficently to not warrant the inflated tag? Is the merger not considered questionable anymore? Is it now okay to buy and hold before earnings release? Given my own lack of investing prowess, I was merely asking what made you reverse position within 12 hours of your gloom and doom forecast for COMS? I frankly do not find anything that has changed in the past week to warrant a buying of COMS stock. In fact, just when you had given me the courage to sell everything so I wouldn't be like a deer caught in headlights you go and buy COMS. Go figure? <When I say Japan up 8pts Sun night late, I KNEW US mkt would gap up. Basically, I bought coms then as soon as it didn't look like it was going to drift down after strong open.> Now this one takes the cake. On Friday COMS opened strong only to fade badly in the afternoon, yet you still bought some on the way down. Are the rules for investing different on Monday than they are on Friday? Wouldn't a prudent investor hold off buying any shares before the weekend in a slumping market? Finally, your post on the evening of 11/12 stated ' Lambs to slaughter. Why not listen?' I guess that was easy to state after watching COMS slide by 4+ to a close of 30 7/8. To answer your question of 'why not listen', well I guess it's because we just knew you'd be buying on Friday and Monday bringing the price to a shade over 34. For all loyal COMS holder's, in case you're wondering what I plan on doing, I will go on my living my life as the ticker goes up and down and one day in the not too distant future be pleasantly surprised to see COMS back up to where it belongs! Dana Adams