3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

+1,200.1%

Nov 7 11:47 AM EST

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To: chenys who wrote (24412)	11/12/1998 10:06:00 AM
From: MskiHntr	Read Replies (1) of 45548

Good morning, q y, I'm really not too concerned with the fundamentals, I realize I'm just not talented enough to truly understand all the technical nuances that are bantered about on this thread. That's why I rely on TA. You're right that the STO is fading, the MACD is weaker, etc. But the stock is simply pulling back to its breakout point, I feel if we can test the breakout and hold the stock will work higher because of the buying and accumulation that is going on. A matter of supply and demand. I'm long as 32 3/2 with a stop at 29 3/4. I'm looking for a short term target of 38 plus/minus and 43 or so based upon the rectangle the stock has broken out of. Best, Joe

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