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

To: William Wang who wrote (18746)7/7/1998 11:20:00 AM
From: joe  Respond to of 45548
 


>>COMS is in "bleeding" mode now, meaning drop 2%~3% each day on LOW volume. I would rather to see all the potential sells get out at the same time<<

We're at 28 5/8, so another 3% and we'll be at the 28. So this
might not take to much longer. When some buyers start to accumulate,
I imagine they'll start off slow, so it won't be real obvious
at first.

I guess volume will tell us what's happening and when to
buy...



To: William Wang who wrote (18746)7/7/1998 11:20:00 AM
From: Bruce L  Read Replies (2) | Respond to of 45548
 
I predict support at 28 1/2 will hold, that we won't see 28 let alone 27 1/2. It's not going "to lose a little every day." Once it becomes clear that we have solid support, all those players who were watching on June 24, but missed the boat, will try and climb aboard and it will be up, up and away. IMHO.


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