3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-87.0%

Nov 7 11:47 AM EST

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To: joe who wrote (23172)	10/23/1998 10:01:00 PM
From: matt fahy	Read Replies (2) of 45548

>>The thing is: Who's buying? Who needs COMS that bad 1/2 hour before the weekend?<< Who needs COMS that bad Monday morning? Contrarian: Looking for gap down to $32 area (lower end of channel?) to refuel and then take out $33 with a vengeance (Mon/Tues). Although I must admit low volume on slight down day looks like sellers exhausting at $33 maybe market is ready to take next leg up. >>I'm watching Fore also, trying to compare both.<< Fore was up approx. 26% this week ($12.5 - $15.75) and COMS up approx. 7% ($30.75 - $33), I should have kept Fore longer, $16.5 looks like where the first major gap is closed so I am not sure what will happen here ST. I don't know if it will close the $13-$14 gap on Thurs open of this week or not, if market rallies probably not. Naz was up almost 5% and Dow was barely positive for the week. Looking further at dow and naz, it looks like dow diverged from naz rally, if dow comes back monday it looks like rally continues. Article on Fore ATM InternetWeek Best of Breed Award Message 6142780

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