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

To: robert who wrote (14460)	3/17/1998 11:25:00 AM
From: robert	Read Replies (1) \| Respond to of 45548

Oops there goes another support point, in addition, the just announced layoffs are another sign of severe trouble in COMSland. This stock can easily go to 25 and lower, all upticks are being met with increased selling, running for the exits is an understatement. Someone just bailed on 50K shares at 33'5. This is definitely a KO. Yes, I'm short 10K at 35'5 and will hold it all the way to 25. Remember, most midcaps usually run up and down in 9 to 10 point increments, Coms just finished its 9 point runup now its time for the 10 point down.