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

To: joe who wrote (19489)	7/22/1998 11:00:00 AM
From: Bruce L	Read Replies (1) \| Respond to of 45548

TA ANALYSIS: COMS HAS FORMED A SOLID BASE AT 28 1/2 I don't recall anyone doing any technical analysis on this thread in the past several days, so I'll take a stab. One of the basic tenets of TA is that the more times a stock has "touched" a particular support level, the stronger it becomes. This is important because it becomes a "base" price which can be a launching platform for the eventual breakout. Essentially, investors lose their fear of/become comfortable holding and/or buying the stock at this price. Amid all the gloom of COMS not being able to hold its gain, of it being such a "dog" stock while profits are to be made in Dell,CSCO etc, a couple posters have noted how profitable it's been to buy at 28 1/2 or so and sell at 30 or so. That being said, note the following: Since July 2, when COMS broke below 29 for the first time since earnings, there have been 13 trading days. On an intraday basis COMS has "touched" 28 9/16 or lower six times. On 4 individual days it has very briefly broken below 28 1/2 (respectively 28 1/4, 28 3/16, 28 3/8, and 28 7/16) only to "bouce" off these prices to close above 28 1/2. IMO COMS is gathering strength for a major upward move.

To: joe who wrote (19489)	7/22/1998 11:20:00 AM
From: Ridgewood	Read Replies (1) \| Respond to of 45548

It has been a few days but (FOR NOW!!!!) it is nice to see the market participants buying blocks. 10:28:35 AM 28.563 12,500 B 10:22:17 AM 28.500 15,000 B 10:21:26 AM 28.500 10,000 B 10:07:00 AM 28.313 10,000 B 9:52:17 AM 28.563 10,000 B 9:32:11 AM 28.375 10,600 S 9:31:05 AM 28.250 10,000 B

To: joe who wrote (19489)	7/25/1998 12:15:00 AM
From: Will Hou	Read Replies (1) \| Respond to of 45548

Joe, if not on purpose, I believe you misread lot of my arguments. Please go back and read it again. And, please do not cut short or extract words from my sentences to suit your need. To be specific, here are some points you need to re-check against my orig posting: 1) COMS bought USRX at a discount. 2) AMZN.. has a future.. And I would like to hear in which area COMS moving into could be considered high end networking sector. Oh by the way, please keep your language clean. Let's try to be rational adults here, ok? Just try. Thank you.