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To: Chi-X who wrote (23906)11/18/1997 10:31:00 AM
From: mark alan rosenberg  Respond to of 61433
 
If you have a 10 point cushion on COMS, that means you bought this
stock where no man hath the chance to buy it in the last 12 mos.
How did you pull this off? Come on guy, get real.



To: Chi-X who wrote (23906)11/18/1997 10:47:00 AM
From: pass pass  Respond to of 61433
 
How do you find time daytrading and going to classes at San Diego State University (sophomore now)?



To: Chi-X who wrote (23906)11/18/1997 10:58:00 AM
From: fiberman  Respond to of 61433
 
Chi-son:

3Com is having problems with unsold inventory in Far East.

Analysts forecast plunge in 3Com Asian revenue

by ERIC LAI and AGENCIES
Nov 18 1997 4:43AM CST, South China Morning Post

United States-based analysts say 3Com's Asian revenue may fall by up to a third amid slowing sales and a rising
inventory of unsold modems.

Two Wall Street analysts have slashed their quarterly earnings forecast for the company, citing the slower business
outlook.

A 3Com spokesman in Hong Kong acknowledged that recent currency and stock market crises would hurt sales.

"It will have an impact on performance this quarter," said Minnie Lee, marketing communications manager for 3Com Asia Pacific.

3Com specialises in making network adapter cards and modems for personal computers, with its US Robotics division holding about 22 per cent
of the modem market.

The company's inventory of modems might be 16 to 20 weeks of supply, about twice as high as 3Com's goal, said George Kelly, analyst at
Morgan Stanley Dean Witter.

Modem-makers, including 3Com, have been split over two competing standards for high-speed modems. The two camps, led by 3Com and
Rockwell International Corp, sell modems that do not work with each other.

The industry-wide split was causing consumer confusion and slowing sales, Mr Kelly said.

Bob Ingols, 3Com spokesman in the US, confirmed that its inventory levels were higher than normal. "It's a situation that we're addressing," Mr
Ingols said.

Ms Lee confirmed that sales of 33.6 Kbps modems were still higher than sales of its 56 Kbps modems.

"A reduction of perhaps one-third of previous revenue levels {from Asia} cannot be ruled out," Mr Kelly said.

3Com got about 15 per cent of its sales from Southeast Asian countries, which might face a recession, he said.

(Copyright 1997)

Kompai!!!
Fiberman hath spoken!
"There will be much constipation with no fiber"



To: Chi-X who wrote (23906)11/18/1997 6:03:00 PM
From: sepku  Respond to of 61433
 
>>>Yes, daytrading can be exciting but for me it's my occupation. I get my income through trading so I can't go throwing money at everything that comes along. I need to be more selective, decrease risk and prevent losses.<<<

It's my source of income as well, although I do wear different hats for the other individuals whose portfolios I manage. If you have a decent track record to present, you should manage the investments of other people...you can decrease your risk and prevent losses, like you said you need to do.

For example, I have very favorable arrangements, personally. Of all profits earned on every trade, I receive anywhere from 11-15% of it which is deposited directly into my own port. The burden of risk is carried square on the shoulders of the people who entrust me with their capital. Therefore, I have the ability to carry substantially larger positions than I could otherwise take, allowing me to profit well on ranges as low as 1/4 for a stock under $20. So, you can trade/invest to your heart's desire, enjoy the thrill, maximize your gains, and carry only minimal risk to your personal net worth -- unless you are risking your own capital, which I prefer to do mostly with the money I manage.

Try it out...because if you have a decent track record to present, some people will throw their money at you. I started by managing my family's capital.

Style Pts.