3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Nov 7 11:47 AM EST

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To: William Wang who wrote (18864)	7/8/1998 11:51:00 PM
From: Mang Cheng	Read Replies (2) of 45548

< COMS's ability to hold up above its 50 day moving average is the main reason for my returning.> William, that's very good timing on your part. Most people, institutions included, didn't want to chase the first 16% break-outs, patiently waited for coms to pull back 10%, and it's the time they will buy back in earnest. If this stock behaves with any trace of normacy, it should create a higher high than $32 in the near term. But with our coms' type of luck, it may just crash back to $22 - be forwarned ! Mang

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