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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: Moonray who wrote (28217)2/22/1999 4:55:00 PM
From: Bob Smith  Read Replies (2) of 45548
 
3COM - Technically good....

3COM performed well today the charts and technicals are ...OK. I wish there were more volume...but then again many of the large cap's did not have much volume.

The trendline and stochastic suggest an upward trend. But there appears that there might be slight pullback in a couple of day's (wed?). By then the stock will have rallied almost 15-20% (guesstimate) from the low of 30.

I say this becuase the stcochastic has risen a great deal..in a short amount of time. I'm not sure if COMS would hold at 36-37...or fallback a few.

I do like the nice slow trend up...this is good. Volume tomorrow would be excellent news.

Bob
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