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


To: Wayners who wrote (16443)5/31/1998 11:23:00 PM
From: VLAD  Read Replies (2) | Respond to of 45548
 
Just an observation on Fridays trading,

I don't think 26 was broke on individual stock trading. With an hour before the close a computerized sell program kicked in and most of the popular NASDAQ tech stocks tanked suddenly from already daily loses (COMS was at 26 1/8 at this point). A stock like Intel may very well gap down on Monday since negative company specific news came out after the bell. On the other hand stocks like COMS with no specific new and already a steep decline is very likely due for a sharp bounce, unless of course the entire market gets hammered again on Monday. Happy trading.