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


To: Mang Cheng who wrote (19773)7/27/1998 7:35:00 PM
From: TechMeister  Respond to of 45548
 
Todays intra-day reversal at 25 looks like the best candidate for the downtrend reversal. We have been a nice downtrend for the last 5 sessions. Look at this chart here:

quote.yahoo.com

Any thoughts??



To: Mang Cheng who wrote (19773)7/27/1998 7:54:00 PM
From: William Wang  Respond to of 45548
 
Mang, I think 3Com is oversold at this point. Time for it to have a technical rebound tomorrow after a 5 down sessions. But $28 will be a strong resistance level. 3Com's chart looks bad, very bad...

Eric B., for the sake of 3Com holders, NEVER, NEVER cook the books again.