3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Nov 26 9:30 AM EST

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To: PeterR1700 who wrote (14946)	3/25/1998 7:28:00 PM
From: Mang Cheng	Read Replies (2) of 45548

Peter, the chart of Coms is showing a bottoming consolidation pattern for the last five months. It was just about to breakout but this report does not supports it. But all its problems were widely publicized and well-known to the Institutions. Now the consensus is that its worst problems are all behind it and going forward it's a totally new chapter. The next few days are important, if we see some support in the next few days, that means Institutions are buying. Small guys will only sell not buy at this time. The exit today so far was orderly - though not as good as BAY, BAY actually went up after warning ! When things look the most ugly, hopeless and digusting, it could very well just be the turning point - at least this is what I hope for. Whatever you are in, good luck to you and to me ! Mang

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