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


To: Christopher White who wrote (10881)11/28/1997 3:19:00 PM
From: Eric  Read Replies (2) | Respond to of 45548
 
Christopher

Your model looks good to me.

When I started to trade this stock a number of years ago I worked a 15 to 20% move top to bottom for quite awhile and then got a little smarter and just took a long position in it.

COMS is still a very attractive trading stock short term! Sometimes I can't resist short term trading it with my margin account. It sure looks strong this week. IMHO we are starting the Xmas ralley with a good move this week.

Eric



To: Christopher White who wrote (10881)11/28/1997 3:36:00 PM
From: craig crawford  Read Replies (2) | Respond to of 45548
 
Here is a prime example of how 2 people see things differently. I don't understand the technical indicators you were just referring to but I will offer my perspective.

COMS is still below it's 20/50/200 DMA and all 3 of them are still declining. COMS hasn't been above it's 20/50 DMA since the middle of October.

COMS is getting ready to bump right up against a short-term trend line.

COMS moved higher today because some analyst from First Albany talked about how well C$CO/COMS are positioned in the networking arena. I find it interesting that he chose to release this report on the day after turkey-day (the lightest trading day of the year). I think he knew that the effect would be magnified.