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Stocks as Good as Gold

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COMSovereign Taps Telecom Industry Standards Leader David K. Bain to Chair Advisory Board PR Newswire (US) - 4/15/2021 8:00:00 AM
COMSovereign Expands its Advanced Wireless Signal Processing Capabilities with the Acquisition of Innovation Digital, LLC PR Newswire (US) - 4/14/2021 8:00:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 4/6/2021 5:10:52 PM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 4/6/2021 3:15:21 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 4/6/2021 1:11:27 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 4/6/2021 12:59:08 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 4/6/2021 12:56:41 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 4/6/2021 12:52:30 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 4/6/2021 12:49:18 PM
COMSovereign to Acquire RVision, Inc., Expanding Smart City Capabilities PR Newswire (US) - 3/31/2021 8:00:00 AM
ComSovereign reports FY results Seeking Alpha - 3/30/2021 5:54:06 PM
COMSovereign Reports 2020 Annual Results PR Newswire (US) - 3/30/2021 5:48:00 PM
Annual Report (10-k) Edgar (US Regulatory) - 3/30/2021 5:42:36 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 3/25/2021 8:32:28 AM
COMSovereign to Present at Investor Summit's Q1 Virtual Summit on March 25, 2021 PR Newswire (US) - 3/12/2021 8:00:00 AM
COMSovereign Expands Senior Leadership Team with the Appointment of Bud Patterson as Chief Operating Officer PR Newswire (US) - 3/8/2021 8:00:00 AM
Statement of Beneficial Ownership (sc 13d) Edgar (US Regulatory) - 3/5/2021 5:22:58 PM
Statement of Beneficial Ownership (sc 13d) Edgar (US Regulatory) - 3/4/2021 4:59:17 PM
COMSovereign surges on acquiring Sky Sapience Seeking Alpha - 3/1/2021 8:50:42 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 3/1/2021 8:37:19 AM
COMSovereign Acquires Sky Sapience, Expanding Tethered Drone Product Portfolio for Commercial Communications, Defense and Nat... PR Newswire (US) - 3/1/2021 8:00:00 AM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 2/25/2021 6:52:33 PM
COMSovereign Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program PR Newswire (US) - 2/24/2021 8:00:00 AM
COMSovereign appoints Martin R. Wade III as CFO and EVP Seeking Alpha - 2/23/2021 8:35:16 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 2/23/2021 8:31:43 AM
JoeBlack   Saturday, 04/05/08 08:55:36 AM
Re: None
Post # of 29 
Stocks as Good as Gold

Chasing shiny trinkets
As a new investor, I was drawn to the allure of growth. This led me to buy -- or seriously consider buying -- shares in tech darlings such as 3Com (Nasdaq: COMS) and Level 3 Communications (Nasdaq: LVLT) in the 1990s. But while these stocks were shinier than gold for a while, the luster wore off after the bubble burst in 2000. Each stock shed more than 80% of its value in the ensuing three years, and they've made little progress in recovering since.

Not that these companies are poor businesses -- the fundamental conditions just didn't support the extreme share price at the time. I would have been far better off had I understood what demented guru Jeremy Siegel pointed out in his book, The Future for Investors: Regular investments in stable, dividend-paying stocks are ultimately the best place for long-term cash.



All posts are only my opinion and are not buy or sell recommendations.
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