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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001700.0%Feb 6 9:30 AM EST

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To: Elmer Flugum who wrote (28690)3/3/1999 7:29:00 PM
From: John O Dea  Read Replies (1) of 45548
 
3COM had a huge volume blow off today and came off its support area before and after the close. If it comes out running we could have a bounce up into the 28 area. Yesterday and today looked like a selling panic and this factor could add to a nice rally and some short covering. I bought at 24 1/4 and at 25 after the close. I am taking down a position from the 44 area. This is a great company and I don't sell the great ones. If this is a panic bottom then this jewel is dirt cheap. Good Luck....
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