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

To: eDollar.com who wrote (16172)	5/26/1998 6:30:00 PM
From: moose	Respond to of 45548

Looking for a test of the 24 level again. COMS was 24 shortly after their purchase of USRX. The worst seems to have come true and I'm looking for a test of that 24 level. Bought some 30 calls at around 29 3/4 for 1 1/2 looking for a bounce off of the near term low. Sorry to say I still have the calls and will buy the 25 calls if COMS hits 24. I don't think COMS will fall below 24 before earnings are released! I just can't win with this stock!

To: eDollar.com who wrote (16172)	5/26/1998 6:50:00 PM
From: Igor	Read Replies (1) \| Respond to of 45548

>>COMS is a good company, but its current product line is not good compared to CSCO, ASND, LU etc. It is becoming like a commodity like memory, diskdrive etc.<< I don't think you are making a fair statement. I am not sure COMS is a good company anymore but their products are dam good. Modems/NICS may be commodity but COMS market share will eventually guaranty volume. High end Switches/RAS are very good and if there is a price drop per port, CISCO, ASND or nobody else will escape it in the sector.

To: eDollar.com who wrote (16172)	5/26/1998 7:07:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

>> in stocks nothing is too low. << Peter Lynch quote... >>COMS is a good company, but its current product line is not good compared to CSCO, ASND, LU etc.<< You are out of touch with COMS. >>It is becoming like a commodity like memory, diskdrive etc.<< You are more out of touch. Not that you're absolutely 100% wrong, but categorizing something either black or white is missing alot... >> If COMS sold off with the sector, i would not be worried ( as is happening to semis).<< As you implied above, things happen. You always worry unless you've got millions stashed away in Treasury Bonds of which you can live off the interest. (I'm trying to get there...) The market is a wild ride. As an investor, the price for making money is worrying. That's what were paid to do. >>Why is that ASND, CSCO, LU are almost neat the highs and this is at a 52<< Whew, you are reaaalllly out of touch. You need to bone up on investing 101, high techstocks in general (high volatility), go back and research all the companies you mentioned, read some of the posts on this thread - and then lets see if you can make that same statement. Why is it everybody is always comparing COMS with ASND, CSCO, LU, XYZ STOCK. Every stock has dips and lows and struggles, so of course those things are in common. But, don't make COMPANY-SPECIFIC problems of other companies equivalent to the COMPANY-SPECIFIC problems of COMS, unless there's a good reason. DELL, MSFT, INTC have each dropped about 15% or more. The problem is that the Market is in a storm. But comparing these companies to COMS is .....*7^%$ joe