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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 16 9:30 AM EST
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To: Wayners who wrote (18628)7/3/1998 9:28:00 PM
From: Jimmy Dell  Read Replies (2) of 45548
 
<<COMS is going down.>>

I think we'll have a better idea from a TA standpoint of what's ahead early next week. I expected the stock to consolidate after the huge gap up. Last week's action so far looks like normal consolidation action. Plus, the action on Thurs. could have been just pre-holiday sluggishness, which many stocks experienced. Early next week will provide more useful information. I wouldn't rule out a dip down to 27.10 to fill the gap, I kinda doubt it, but who knows. We'll get a better idea early next week of what's in store.
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