SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Iraj Masarati who wrote (7856)2/20/1998 9:54:00 PM
From: uu  Read Replies (2) | Respond to of 64865
 
Hi Iraj:

Re: COMS

I dont think they are going anywhere for the next 8-12 months as they will be having a lot of inventory problems (IMHO of course). I am still a COMS holder and would like to buy more to average down (my average shre price is at $48 and change), however I think the chances of them going to the high 20's is greater than them going to the high $30's at this time! So for now I am in no rush to buy more. ASND, on the other hand has solved its problems and is in its way to $40+. My cousin who recently left COMS for ASND tells me ASND is in a great position. Incidently ASND has been stealing (and aggressively continues to do so) a lot of people from COMS and CSCO with great deals! My cousin got a 10% raise plus close to 10K stock options (which is unusually high to be given away by a public company to new employees). COMS tried to keep him but the best they came up with was 1500 shares!!

Anyway, I think ASND is going to be doing very nicely by the end of this year. I bought a bunch more in the mid-high 20's to average down my average price is at around $34/shr. My target price is $50 by the end the of this year (and I dont think I am asking too much)!

Regards,

Addi Jamshidi