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


To: Wayners who wrote (18757)7/7/1998 2:24:00 PM
From: joe  Read Replies (2) | Respond to of 45548
 
Wayne, I hear you, but it seems like COMS is asleep
right now...almost in hibernation. I can't picture
it going down a lot more. But I guess you think,
there will be some activity to move it down some
more...?




To: Wayners who wrote (18757)7/7/1998 3:04:00 PM
From: john dodson  Respond to of 45548
 
Re: gradual slip on decreasing volume w/ COMS.

This makes sense to me. Remember that COMS has traded down in the low 20's very recently, only to run up some 10 points. It's just natural for extended profit taking to drag it back down in the absence of any further strong positives for the stock.

However, at some point we hit support and start to bounce. I tend to agree with the $27-28 support range, since that seemed to be some resistance before the pop up.

-John dodson