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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: joe who wrote (23129)10/22/1998 8:20:00 PM
From: matt fahy  Read Replies (2) of 45548
 
joe,

>>I'm looking at the 5-day chart. I wouldn't be surprised
at a gap up. If so, take some profits and rebuy when
it closes the gap.<<

Are you really taking profits on gap-up tomorrow? Yeah maybe a good idea as long as you jump right back in if it closes the gap in the morning and markets appear ok, it is looking like tomorrow has a good chance of being an up day as long as no serious bad news comes out. The last couple days there have been alot of sellers I believe and it has not exhausted the buyers yet.

There may be a very good chance of having the 15 million shares traded during the day and test $35 area...short term channel still rising? The last two days have been around 9 million vs. avg. 7.9 million. What do you think?

Matt
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