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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 16 9:30 AM EST
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To: blankmind who wrote (18550)7/1/1998 12:01:00 PM
From: Mr. E2u  Read Replies (1) of 45548
 
I know I've been badmouthing Briefing Com lately but I do like their "IN PLAY" page. I bought 2000 shares of MDMD at $5 1/4 when they mentioned it on their page and I sold it for $ 6 7/16 within an hour. Some of you day traders may want to check it out. It plummeted 75% on an earnings warning. I still think it will go above $7 plus today or within the next few days so I may try to get back in at around $6 if I can. Could also be a good longer term investment. The stock was at $26 a few months back.

As for coms I sold my Jul 30 calls because they are getting to close to expiration and I wanted to lock in 160% profit on them. As for my Jan(99) 32.5 leaps I'm still holding 45 contracts with nearly a 200% profit from when I bought them a few weeks ago.

If we ever break down through $30 I will buy up some more with my cash on hand otherwise I'm holding for a break through $32.5 resistance and may consider selling half of them at around $36. Overall I'm bullish on coms and would like to see that stubborn resistance 32.5 broken. BTW I'm very rarely up this much on my holdings so don't think that I know what I'm doing...... however I'm very pleased with my recent profits.

Regards
Brad
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