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


To: joe who wrote (15339)4/29/1998 4:59:00 PM
From: Mang Cheng  Respond to of 45548
 
That explains why the May 35 calls had been active almost on a daily basis while puts are relatively quiet. People with insider news are just sucking in the calls. But the chart only turns slighly bullish after today close. The 20-day upper Bollinger band is at around $36 and coms must break thro' this $36 resistance to be of any substance.

I think it's still not too late to buy now in anticipation of the break-out which may or may-not come. The worst is go back to sleep at $32.

Mang