3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00170

0.0%

Feb 6 9:30 AM EST

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To: Elmer Flugum who wrote (28690)	3/3/1999 6:33:00 PM
From: E.J. Neitz Jr	Read Replies (1) of 45548

Technical Report on COMS from Telescan Three Com at Critical Juncture by Paul A. Alvim Managing Editor Three Com (COMS) is sharply lower as the stock remains in a short-term selloff. The stock, which appeared on the 1:38 p.m. cdt ProSearch run of Negative Price Gaps, is off $3-1/4 to $23-3/4 on huge volume of 53.1 million shares, or 445% of its 30-day average volume. COMS has been in a very sharp short-term selloff over the past four weeks and selling has accelerated over the past two days with the stock off $7. The stock is at major support in the $23 level, which if broken would usher in much lower prices, initially to $15. Keep an eye on this one!

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