3Com Corporation (COMS) Message Board

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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 (23304)	10/28/1998 1:33:00 AM
From: chenys	Read Replies (1) of 45548

Joe: What do you make of the movement tomorrow? I have this heck with it mentality after so many times of gyration, and thus bought some January 35 puts. I feel strongly that there is no reason for a breakout right now. Also, a breakout without a follow through usually is a false one, let alone that breakouts happening at 90% stochastic would require a big surprise to do it. Besides, you have 35, 38 overshadowing the whole situation. You have these people who bought in at 38 and 35 tops earlier this year waiting to dump when they see such prices again. We might as well go fishing or golfing now (where is Mang, by the way?) while this dog is out for a walk.

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