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


To: Harry Soin who wrote (12340)12/17/1997 5:54:00 PM
From: AreWeThereYet  Read Replies (1) | Respond to of 45548
 
Harry, are you talking about COMS? If 0.15 is the actual earning, I am sure we have a good rally. The street expect a break-even quarter or couple cents.

Just woke up <g>
aC



To: Harry Soin who wrote (12340)12/17/1997 6:09:00 PM
From: hitesh puri  Read Replies (1) | Respond to of 45548
 
I am pretty sure will report earnings in line 0.04 with a so-so Conference Call and we will close below 35 for the week. Nasdaq and most of tech stocks have done atleast 4 see-saws in the last two months. Quite frustrating when the DOW is near the high. Very typical chicken Money manager behaviour. But learn to play the patience game.

Let me ask all of you to go back one year ago and remember what was going through your minds in terms of what these stocks would do in 97. I bet not one of you had a clue that COMS and ASND will be down 50%, CSCO would be up just 20%, INTC,ALTR, XLNX etc would be break even for the year. Very contrary to what the stocks were exhibiting last December.

Just an excercise in an attempt to illustrate the unknown factor. Keep a long term view and the unknown works for you as long as the company is good. Traders make money but Contrarian investors build wealth. My day job pays me money but I want to build wealth.

-hitesh