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


To: Bosco who wrote (29576)4/8/1999 4:29:00 PM
From: John Ritter  Respond to of 45548
 
Guess I like the COMS chart with the double bottom. Played this one once before from 22 to 40 years ago. And then again I sold my PAIR yesterday on that 'pop' to 10 1/2 from 8 1/2, good thing I noticed before it dropped through 10! Also got tired of my CS from the bottom 6ish today and sold, so what not bottomfish into COMS? Thanks for the email, now I need to become familiar with the vast internal problems of COMS now that all the momentum players have been flushed down and/or made their money, this includes the shorts, etc. We have here a crushed stock, which, I hope does not fall to a CS level of nothingness. Although I like CS as a terribly depressed stock, just like RDRT. I buy into these type of stocks when I make money on a company that I didn't hold long enough to remember, it relaxes me and brings me back to reality. But is so boring, so I'm in COMS now, maybe not a false uptick today, but who knows or cares, well I will if it goes down to 20!



To: Bosco who wrote (29576)4/9/1999 1:47:00 AM
From: Gary Korn  Read Replies (1) | Respond to of 45548
 
I think COMS's low margin NICs actually works against its diversifications. Hedging the bet is good, but not at the expense of diverting resources for high margin product ramp up

Bosco,

You make a good point. While I think COMS is attractively priced at 21, there are risks involved. Also, the issue you mentioned is certainly one reason why COMS would not be expected to climb so rapidly off of the bottom as did ASND.

On the other hand, while ASND had its LU, perhaps COMS can have its Siemens.

Gary Korn