3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: joe who wrote (21779)	9/21/1998 8:45:00 PM
From: FNS	Read Replies (1) of 45548

Joe: <<...and they will not buy 1 share unless they are sure that COMS is on the right track..>> I think we've had some nice basing here and the pro's are buying! Not a TA, but look at the daily and weekly CLOSINGS for COMS. The stock has triple bottomed at $25 and blown out 30 weekly support (today) and made a new triple top closing (32 1/16). If the stock closes THIS WEEK above 30, the stock goes higher--and it looks like it will! Will it make the the .23 whisper--I don't know!!! In any event, the stock has based within the last 3 months and $35 is around the corner based on TA stuff....momentum and I guess INTC/LU rumors will also add to the volatility...and whether you think "IS" is or "IS NOT"! Been holding this 'sucker' (no clinton pun implied) too long to let it go or try to catch a high sell stop and lose the basket...but that depends on how high the sell stop really "IS" and how high the stock really gets! or 'was' or 'is'. Anyway, COMS had a low clinton opening at 29 1/4 and a quick recovery to the 31 1/2-32 area which was sustained through out the day... CS reported by a penny better and I'd would expect to see COMS hang in based on chart/trading activity. Would appreciate any comments. Good luck Tuesday pm and Wed am. FNS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next