Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: chenys who wrote (23311)	10/29/1998 12:16:00 AM
From: joe	Respond to of 45548

q: >>I wonder where coms' strength went.<< you talking about last year? merger derailed COMS for a long while. >>You looked at yesterday, when the market was showing life in the morning, coms went up reluctantly and then yielded to its doggy persona.<< That wasn't just COMS. I was watching DELL, CSCO, and the Naz and DOW. Profit selling. The big difference with COMS these days compared to 6 months ago, is it follows the market much better. It goes up with it and down with it. Remember the days of 30pt Naz up moves, and COMS drops a pt -- lots of days like that in the past? They don't happen much in the last month or so. >> It is hard to catch the very top<< I know, but us posters are working on this problem. Maybe in a few years, with the help of all, we will learn a few tricks. You know, if you can do it once every month or so with a big bet, it can still be profitable. My main bet, though, is that COMS is trending up for the next 6-12 months, probably longer, but I'll constantly evaluate. You never know what can happen. Eric B. might be offered the CEO position to CSCO<g>. >>painful lesson in the past year or so if you choose to buy and hold. There is no need to be a hero.<< Yes, Warren Buffet type buy and hold will get you killed on tech stocks. That's cause 1 year in the tech market is equivalent to 10 years of owning Coke. >>Is it panic selling or heavy shorting? How can we tell without further information?<< Of course you can't always tell, but the more you practice, the more you can tell. That's what lots of posters, I think are trying to do. Occasionally, I can tell<g>. >>Peter Lynch once argued that, in the bull market buy-and-hold scenario,..<< I've read some of him. He doesn't try to time the market. No economic analysis. All fundamental stuff, I think. I don't think he uses TA. He's a value investor. Looks for good companies that are cheap. That's my understanding. But these guys didn't deal with the fast pace of hi-tech stocks of the 90's so, I wonder what he'd do with a DELL, COMS, CSCO, even MSFT. joe