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

To: ZhuGe KongMing who wrote (10584)	11/20/1997 3:22:00 PM
From: Steven Messina,L.M.T.	Respond to of 45548

ZhuGe, My past experience in locking in profits prior to earnings announcements are to obviously SELL at a profit prior to those announcements. If the earnings do indeed come in 5-10%, as I predict they will....and AMAT opens at $40/sh tomorrow morning, I will BUY back into her with a quickness as earnings have been confirmed. Therefore I lose no sleep...as sleep is vital to me <gg>. As far as my being back into COMS, I have been daytrading both AMAT and COMS daily for the past two weeks, making incremental gains on each and every trade...more gains than if I had just gone long both stocks weeks ago. I feel COMS is a good buy at the current level and WHEN AMAT reports good earnings, COMS SHOULD pop up a point...then I'm out of COMS and back into AMAT. If I had enough funds, I'd own both at the same time. I am trading heavily margined, so you all must forgive my trades for mere 1/2 - 1 pt gains. A gain is a gain is a gain and as long as you are ahead, you're not at a loss. As far as being in COMS to "avoid" a direct hit from AMAT, you are correct. I've seen stranger things happen and have learned from them time and time again. Good luck to all COMS and AMAT longs on this thread. Steve

To: ZhuGe KongMing who wrote (10584)	11/20/1997 3:45:00 PM
From: Steven Messina,L.M.T.	Respond to of 45548

Ha!....call me crazy....couldnt resist....bought 200 shs of AMAT @ 37 7/8ths...volume going through the roof. I could probably get out again with profits prior to the close. Steve BTW, had to sell COMS at a breakeven to buy back into AMAT...I AM INSANE!!