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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-67.5%Nov 7 11:47 AM EST
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To: joe who wrote (25159)11/23/1998 4:27:00 PM
From: Steve Porter  Read Replies (1) of 45548
 
Joe,

Seriously thinking of unloading some if we gap up tomorrow.. if you look at the coms charts, over the last 3 months, we have seen a lot of straight rises like this, followed by a flatish day, then followed by a down drop for a couple of days, before stabalizing.

I think that if we get up to around $44, the stock will retrace to $37, but then again I'm not too sure.. I'm gonna have to watch this one real close. Moved my stop loss up though.. now at $41.25 instead of $40.25.. so I'm assured of more profit, I would advise you to do the same.

Regards,

Steve

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