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


To: Steve Porter who wrote (25024)11/20/1998 4:14:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


Steve,

We are forever switching our strategies between you and I.

>>I never said they were finished, but the idea is get the shares ASAP before someone leaks what we know to the general public. Remember most of the analysts know the same thing, so they are trying to fill up their portfolios before the rest and then say "look at this...."<<

This is what we said on or around NOV 1. There is really no
new significant news (maybe somebody knows that earnings surprise
will be monumental, but only a few, therefore there will not
be a mad rush; no one institutional is going to soak up all the
supply).

So, I'm betting that a few days will pass, somebody will publiclly
rag on COMS, the price will go down, we'll get a nice little buying opportunity, and then some one will step in and do as you suggest.

I'll play it safe and give myself a 2-4 day window on this. If
we do get some sudden good news, we will have time to buy back
in if we keep alert.

Make sense? Are you familiar with this plan? Heck, I learned
it from you<G>.

joe