3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: chirodoc who wrote (10392)	11/17/1997 2:58:00 AM
From: Bruce L	Read Replies (3) of 45548

To: all Coms longs Re: We've reached a bottom I've read with interest the prediction that coms will hit $26.50 in the near future and may not hold that level. As a beginner Japanese candlesticks chartist I think I see now a bullish reversal pattern: specifically a "ladder bottom" or a variation of the "unique 3 rivers formation." The intraday moves up in this stock have given bears a jolt to their confidence and the late in the day pullbacks reflects not a failure to rally but normal indecision and late to the party bears who missed the early mopve down in this stock. The stock is poised to make a significant move up - tommorrow I think - andbarring a major market downturn I think we have already seen the low for this stock. Just my 2 cents worth, Bruce L

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