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

To: joe who wrote (18745)	7/7/1998 11:08:00 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 45548

When "distribution" is indicated....it means from strong to weak hands.... BTW. Also money flow has been in a fairly steep negative slope for the last 10 days or so.......indicating the same. Joel

To: joe who wrote (18745)	7/7/1998 1:54:00 PM
From: Wayners	Read Replies (2) \| Respond to of 45548

I'm still sticking to $27 to $28. There two typical bottoms one sees. One is the straight down plunge that bounces up. The other type is the gradual slip on decreasing volume--which is what is going on with COMS. That decreasing volume, as you point out, tells us that while there currently isn't much buying interest, there is selling interest but that the number of sellers is drying up. The signal I'm looking for is this low volume, maybe look for some large orders on the bid accumulating shares and for price to be sitting on the support level. If it looks like the price is coming down too fast or if it picks up speed then it will break support. It ought to look like a plane gently landing at the local airport.