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

To: Bruce L who wrote (20456)8/12/1998 1:27:00 PM
From: Pierre Aydin  Read Replies (1) | Respond to of 45548
 
Technically it looks very good, it's crossing 50 Day MA, if it could stay above it then it will go higher, perhaps pass it's 200 Day MA.

Any thoughts.

Pierre



To: Bruce L who wrote (20456)8/12/1998 1:30:00 PM
From: joe  Respond to of 45548
 
>>Patience Joe. We need to consolidate below 29 1/2. We'll see 30 early next week IMO.<<

heheh...yeah I know, but...consolidation may mean that everybody
holding stocks above 29 does not want to sell no matter what
at this point. Wouldn't you say, that's a good definition of
a base?

If we go below 29, it's probably because a mass of momentum
buyers have bought and are going to dump at end of
day or a few days later...let's see.

joe




To: Bruce L who wrote (20456)8/12/1998 3:05:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 
COMS at 29 1/2, after slowing down a bit last hour
or so.

Any guesses on how this horse race will end today?

-joe



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