To: saju chacko who wrote (15367 ) 5/1/1998 12:06:00 PM From: joe Read Replies (2) | Respond to of 45548
>>COMS should be SOLD for all who want to participate in the current rally what's the point of waiting on this stock when there are others that will make you the money that you want? after you make some money elsewhere and if you're still interested in keeping COMS then rebuy it...<< Lots of us, for one reason or another, are not able to trade much. In my position, I have a day job, so I can't monitor my screens with 100% focus all day long. I can get interupted at work, at any second... The rest of the market is going up, but at this point, lots of it would take market timing to take advantage of it. There is risk associated with this. The higher the market the more speculation there is, and the more volatility. One needs to react quickly to these situations, or have pretty good anticipatory skills of market movement. Most of the time your limited to a few points at a time. Some of us just prefer fundamental analysis, as opposed to trading and market timing. I don't mind a trade here and there, but not as my main way of investing. Lots of the trading situations, are just for a few $$ here and there. When COMS starts to go up, there is a good chance, that it will POP UP WITH LOTS OF INTENSITY. I'm partly counting on a FAST UPWARD MOVEMENT, when we get some good earnings news. I don't want to miss the show when it starts!! Another point; some of us might say, why buy other stocks to trade? -- A few weeks ago, COMS was at 35+, now it's at 33+ ( I think yesterday, it got to below 33 for a while). Well, for me, these are GOOD BUYING OPPORTUNITIES, because there's less and less chance you'll see the stock at these lower prices. Maybe, the stock will drop to around 30 for a few days. HECK, AN EVEN GREATER BUYING OPPORTUNITTY. As our esteemed MR. D.LAWRENCE said in previous post: "Better risk/reward ratio at this point compared to just about everyone." I just wish I had more $$, because I would BUY MORE!! saju chacko -- Got the point? Make sense? Joe P.S. I think we need more discussion on the good things (and bad of course!) this company is trying to accomplish (and whether they're really good things or bad). I would love to understand more and more about the technical parts and how it competes with other companies on the same technical issues. I'm a programmer by profession, but I'm very interested in learning more about Networking and hardware related aspects of telecommunications . We need to keep abreast of the future direction that technology is leading us (to me that's what makes holding tech stocks fun, learning about the future direction of our civilization...) Market timing, scare tactics, making $$ is all good stuff... (heck, the market in it's own right is extremely interesting, just as making $$ is high form of intertainment...)But let's not let the thread be totally dominated by this kind of focus!! ANY BODY AGREE?