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


To: joe who wrote (20428)8/12/1998 7:28:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 
Wayne, Wast today a mirage?

don't forget that TA report.

We need it by 9:30am tomorrow!!....please<g>

joe



To: joe who wrote (20428)8/12/1998 8:16:00 PM
From: Wayners  Read Replies (2) | Respond to of 45548
 
Lets see I left on 31 Jul. At that time there was no sign of a reversal other than me selling at the ask and that accumulation at $24 1/2. My prediction for $20 to $21 was longer term like a month. I'd say absent of any news event, that would have happened. I'm not to speed on COMS news.

Technicals caught the break of the downtrend line connecting daily highs on 8/4 with a second chance on 8/5 and a no excuses chance on 8/6. Today's close at the high bodes well for COMS tomorrow. "Looks" like an easy run to $32 1/2, but we all know how random day to day moves can be with all sorts of external factors. Even looked like COMS had failed $27 1/2 AGAIN until I guess it was Eric's comments today?

$24 was the support level and it never did significanlty break to the downside of the uptrend line I think I pointed out before. Technicals change all the time. I change my mind frequently with additional technical data.