Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: blankmind who wrote (16978)	6/5/1998 3:02:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

I think I just saw one of those prints again... one second we we're at +3/8 the next second I saw +11/16. Somebody is trying to use reverse psychology, because last time they did this, we went down.... COMS has us on a leash, and we have to obey, When it says sit, you gotta sit. When it says git up, you git up. I wonder what kind of new tricks it will have us doing sooner or later? j

To: blankmind who wrote (16978)	6/5/1998 3:02:00 PM
From: Wayners	Read Replies (1) \| Respond to of 45548

Well I made money on my first flip to $27 1/2 but I'm underwater on the second. Bought it again at $27 1/8. I think I understand the pattern on COMS now. Buy in the afternoon and hold overnight and sell to the amateurs in the morning on the gap up. $27 1/2 is still resistance and $26 1/2 is support now. Looks like I might have to hold over the weekend to avoid the loss. God help the COMS CEO if he picks this friggin weekend to pre-announce. I will likely bail first thing monday morning and look for reentry (long) in the afternoon unless it tanks way below $27 1/2. Yes that's right...tank below $27 1/2.