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 (24467)	11/12/1998 9:25:00 PM
From: MskiHntr	Read Replies (2) of 45548

joe, I've been reading the posts between you and Steve, re volume et al. Today's volume was the highest in six days. The stock price made a new reaction low since its' peak price 9 days ago and finished on the high for the day. IMO a reversal day. The next near term level of resistance is that/those seller(s) laying in wait just below 36. If this stock can close over 35 5/8 on volume I think there's an excellent chance we'll see new highs. Something is cooking. When I PMd you earlier today and asked if you believe in volume preceding price, I was watching some block activity that started to show up, just some nibbles, and then the buyer(s) came in with a vengence. Check the time of my PM to you and then correlate it with the 5 minute intraday chart on Big Charts.http://www.bigcharts.com/intchart/frames/frames.asp?symb= Best, Joe

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