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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: GS_Wall Street who wrote (10413)11/18/1997 1:25:00 AM
From: Bruce L  Read Replies (1) | Respond to of 45548
 
To: Greg S
Re: Upside resistance

Just my opinion but I think clearly we have resistance at $34. If we have a good market tommorow, what with short covering we may be able to break through. The important point however is that today we had confirmation of a bullish reversal pattern. If so (my belief) then comsCOMS has bottomed. The overall market ( I think todays strength is still suspect) could pull coms down to the low 30's, but the long term trend is IMO up. Go Coms!



To: GS_Wall Street who wrote (10413)11/18/1997 3:09:00 PM
From: Chi-X  Read Replies (2) | Respond to of 45548
 
NEWS: Analysts forecast plunge in 3Com Asian revenue

by ERIC LAI and AGENCIES
Nov 18 1997 4:43AM CST, South China Morning Post

siliconinvestor.com


Cheers,
Chi-X hath Spoken!

"Whoever named it necking didn't know much about anatomy"