3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 16 9:30 AM EST

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To: blankmind who wrote (18633)	7/4/1998 1:42:00 AM
From: Mang Cheng	Read Replies (2) of 45548

<i see no reason to test 27 1/2, i expect to be back over 30 next week. > Blank, I agree. Usually a bullish gap like that with that kind of magnitude (16%) won't get filled in such a big hurry. It would at least take a couple months before it get filled (or not at all). Chart for coms is still on a bullish uptrend. Bigger picture is also getting positive : 1. Nadsq is going to make new high 2. historically low interest rate 5.6% 3. companies will start reporting good profit for those that didn't warn 4. Japan and HK recovering short term 5. .... (can't think of any others !) Mang

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