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


To: Michael Ohlendorf who wrote (14984)3/26/1998 6:14:00 PM
From: Scott Lerner  Read Replies (4) | Respond to of 45548
 
You daytrading shorts are amateurs. 3COM is poised with many new products for the next year. The stock has been a piece of shit for a long time - it is not at highs. Disregard P/E. P/E's are meaningless on turnaround tech plays. The big money invests and doesn't do petty day trades like what I have been reading about lately. Play momentum and be prepared to get burned. You are not investors but Las Vegas dice-rollers.

I guess if we all followed your style we would have bought MU on their killer earnings a couple years ago when it hit 95. Things really looked great. The only problem was it dropped right to 18.