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


To: craig crawford who wrote (10660)11/21/1997 2:46:00 PM
From: santhosh mohan  Read Replies (2) | Respond to of 45548
 
<<If COMS comes out with 20 cents they will be trading well below 35, you can count on that...>>

Pardon this observation, but you seem fairly desperate to get COMS to close under 35 today, by trying to spook this thread. What did you do - write naked calls or buy a ton of puts? Good luck.



To: craig crawford who wrote (10660)11/21/1997 3:43:00 PM
From: Bruce L  Read Replies (2) | Respond to of 45548
 
To: Craig Crawford
From : Bruce L
Re: Losing Objectivity

Craig: Others have already noticed it: You've lost objectivity regarding this stock. It has seemingly become a matter of personal pride with you that COMS go down. You grab at various "facts" to prove yourpoint in an almost desperate wish that it will be so.
I could argue these facts - as others have done - but it seems to me that this largely irrelevent. The FACT is that COMS just does not want to go down. In the past 3 weeks there were lots of "facts " coming out that should have boosted the stock. It went down. Now, we're getting lots of negatives - earnings & brokerage reductions - that should have objectively speaking have sunk this stock . But look today ; it's up and acting much better than CSCO.
I've said it before: COMS is basing and the way I look at it , it is a classic case. You say that COMS will tank if earnings come in aat .20. Granted. But I would point out to you that the stock is NOT acting as though the earnings will be .20. Remember that there are people out there who DO know what the earnings are going to be. Good luck and lok to yourself.