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


To: joe who wrote (17933)6/22/1998 7:04:00 PM
From: Bud Fox  Read Replies (1) | Respond to of 45548
 
It was a tough day for COMS and ASND today.
This briefing.com fiasco really ripped us.

From a technical standpoint we are not out yet, but today's sell-off took COMS right to the edge of a breakdown. Luckily, volume was weak and the stock worked its way back from the early morning collapse(thanks to Briefing.com,Erickson announcement, MSDW downgrade of ASND).

If we don't come out strong at the opening bell, I'll probably sell and go elsewhere. Everybody but US made money today in technology. As investors we can't afford to miss big market days like today.

Looking for a rebound and re-test of 27.5

Good Luck