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


To: joe who wrote (16885)6/4/1998 5:32:00 PM
From: Wayners  Read Replies (2) | Respond to of 45548
 
I know I sound wishy washy, but my thinking changed after I downloaded after the close and looked at a daily chart with my favorite indicators on it.

I have to see tomorrow's opening price to know what to do for sure. I'll go long any gap downs, will watch an open near $26 1/2 to see which way it goes. I will refrain from buying any gap ups or shorting any gap ups. I will short only if i don't see any marked rally by about 13:00. My thinking now is we've seen a reversal--because of today's lower volume than yesterday and the high volume at the bottom. 25K indeed was too high a target. The way COMS was dropping I thought it would be a really good volume spike on the selling climax.

You guys aren't going to kick me off the thread are you?



To: joe who wrote (16885)6/4/1998 5:57:00 PM
From: W.F.Rakecky  Read Replies (2) | Respond to of 45548
 
Why no rumors on COMS takeover?? Will we end up being alone at the edge of the network with high volume low margin products???? Or..there were no rumors when USRX and COMS merged,no rumors, no warnings,it just happened....been lurking too long today just idle thoughts.



To: joe who wrote (16885)6/5/1998 9:13:00 AM
From: craig crawford  Read Replies (1) | Respond to of 45548
 
<< I DOUBT SERIOUSLY THAT SHORT CAN READ ERIC B.'s MIND
SO CONFIDENTLY AS TO WAGER $$ ON IT.

The jig is up for the shorts. They might as well take
their very nice profits as soon as possible before they
give it back. >>

I don't think so