3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-23.5%

Nov 7 11:47 AM EST

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To: joe who wrote (27328)	2/1/1999 11:14:00 AM
From: Bruce L	Read Replies (2) of 45548

<It's hard to figure out.>(The supply overhang at 48) With all due respect IMO, it's simply a reflection of the fact that we've been in a trading range since 12/23/98 with strong resistance at ~48. There are lots of day traders who buy in the low end of the range and immediately put in sell orders for the top. But when we do break through -and we will this week IMO - the price movement is going to be just awesome. Bruce

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