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

To: Captain Jack who wrote (18032)	6/23/1998 10:13:00 PM
From: joe	Read Replies (2) \| Respond to of 45548

John, Yes, everybody has their own style. I'm more of a value player, at least with COMS. I think COMS has been beaten up pretty bad, but it has good future potential. If it gets beat up some more, I'll stay with it as long as I still see that future potential still exists. It's hard to predict exactly when a turnaround happens. Lots of people here are traders. Some short term, some a little longer like yourself. With a hot market like today, I know it must be difficult to stay in COMS right now, and maybe you shouldn't since you could do way better in DELL, Amazon, or Yahoo. So, if COMS screws up tomorrow, all the traders will leave, but if COMS has a decent report, they'll just leave a little later after taking profits. Right now, COMS has screwed up 2 previous quarters, so I would imagine that there are less traders now than there were when it was up in the $45-55 range. I'm more a long term holder, but I get the sense, that what's left now, are traders banking on COMS making a turnaround this quarter or at least by next. But, like I said, if the tech sector booms up all next month like it has the last few days, then COMS probably only gets once chance from you guys...so be it... everybody's got their own strategy and it doesn't mean one is better than the other. >> I believe there are also many traders waiting for Wed numbers.<< I think you're right. Maybe what your saying is that if numbers are good, price could go up fast. That's what Eric always says. When COMS gets ready to go up, it's going to be fast. He's been in 3COM for many years, so he's been through some of these ups and downs.