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


To: joe who wrote (17265)6/11/1998 5:36:00 PM
From: Wayners  Read Replies (1) | Respond to of 45548
 
COMS got me to take a break from day trading. I had more trouble with Ameritrade and quote service being down at crucial times last week. I also missed the high volume at $24 at the bottom and that stop out at $26 1/4 when I was looking for $27 1/2 (which it did) really made me want to break something by that point. While I had some really good trades on COMS, the drop past $30 and the short at $24 were more severe. The short at $27 1/2 down to $26 was the best and would have been better--if quote.com hadn't exploded at 15:00. Post COMS I decided to do a position trade on GTW instead. GTW held up well today with the market onslaught. I still expect GTW to go down to $47, but I'm holding as long as the 12 DMA holds out, as I think GTW will return to high 50s after techs bottom out.



To: joe who wrote (17265)6/12/1998 10:16:00 AM
From: thomas larkin  Read Replies (3) | Respond to of 45548
 
How do you feel 3Com will do long term? By long term I mean 6 months to a year. Do you feel it will rebound into the 40's again? Thanks