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


To: William Wang who wrote (19757)7/27/1998 1:34:00 PM
From: Mang Cheng  Read Replies (1) | Respond to of 45548
 
William, forget about all these silly "let's see who's right who's wrong" stuff. I appreciate your block data and other postings though.

coms hit bottom at $25 and it's rebounding to $25 3/4. Hope it will close above $26.

Mang



To: William Wang who wrote (19757)7/27/1998 1:46:00 PM
From: craig crawford  Read Replies (1) | Respond to of 45548
 
>> Craig, do you make your decision on emotion? <<

Most certainly not. That's why when my emotions are screaming out bloody murder and telling me to cut loose this massive underperformer, my brain says never sell into an atmosphere of gloom and doom and apocalypse.

If you recall rule #1 is to never sell DELL.
Rule #2 in the stock market, never sell a stock when Finder makes 5 whining posts about it in one day. You will be selling out near the bottom if you do.

>> Let's put it on record, in the next few days, are we going to have an opportunity to buy 3Com below $25? <<

I don't see how it matters, if I want to put some funds to work it's probably going to be buying more INTC calls (my #1 pick now) or DELL calls (my #2 pick). COMS isn't on my list of favorites right now, but I certainly wouldn't sell here. To say that COMS won't go below 25 in the next few days isn't saying much, that's only 1/2 point away. ANY STOCK can lose 1/2 a point.

All I am saying is if I were forced to deploy funds into COMS right now, I would buy rather than sell or short. Period.