3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 29 9:30 AM EST

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To: joe who wrote (24826)	11/19/1998 2:00:00 AM
From: FNS	Read Replies (1) of 45548

Joe, re: << think if we see a major breakthrough we have to get back in again, but verrry carefully. As you said, once it hits 39.5-40.0, the whole world may be buying COMS.>> Chart looks great...broke out at 37 11/16...finally! nice cup and handle...sit back and enjoy the ride...clear sailing to 45 and could reach that by 12/18...networkers moving...CSCO got a 'buy' with an $85 target...COMS will no doubt follow on coat tail...CS may also emerge. I don't see this as a buyout rumor thing...this stock/others been hit hard since Asian flop...perhaps now potential for increased sales is being projected...regardless, the chart/stock activity is obviously saying something...40 is my guess tomorrow, but if down then it's a chance to buy....(imho). Could be a nice squeeze play by Friday! Good luck all. FNS

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