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


To: Wayners who wrote (19950)7/30/1998 5:31:00 PM
From: eDollar.com  Read Replies (1) | Respond to of 45548
 
>>Okay, 5/16 doesn't sound like much. Lets do the math. 5/16 x 5 x 52 = $81 1/4. It adds up a lot faster than buy and hold. <<

Nothing wrong with your model. But if you want to trade this 5/16 gain every day, ther eare lot safer stocks to do that. And there is no guarantee that you buy it now and this thing tanks in the next tick. At least with CSCO or INTC, if they tank you can expect to recover you money because they are dominant players. With COMS, the way this is behaving makes me nervous. I am not saying anything that COMS is a bad or good company but in stocks your goal is to profit.

COMS reminds me of the some good companies failed in stock market.