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


To: craig crawford who wrote (10924)11/30/1997 10:08:00 PM
From: DRRISK  Read Replies (1) | Respond to of 45548
 
Craig,

<<<<<<"True, making money is numero uno in my book. But it's also personal. I actually want to see this company fail. I would much rather make $ on the short side than on the long side with this stock.

COMS chose to engage in a flawed tactical strategy and now it's coming back to haunt them.

I'm going to enjoy every minute of it.">>>>>>

Your too wed to your position on this one IMHO this company is going to bounce at least short term on the news from the BARRONS article if you don't think that is going to happen then you are biased by your own short position. The market has no rationality shortterm and you are holding a loosing hand for now. My other point is that no one has a handle on the contribution to earning the Pilot will bring to this quarter IMHO if they do not preannounce it is because they are comfortable with the 44cents and know that their modem problems are going to be offset by their Pilot success. The Pilot booth at Comdex was the busiest at the show. I also know that many large corporations are buying huge volumes of the Pilots. This company is playing possum and I think some smart money knows that the modem issues are overplayed and that the stock price reflects the worse case scenario on this matter. You are loosing objectivity IMHO this stock has much more upside than downside potential. Time will tell but this baby is going up tomorrow.

DrRisk trading for now