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

To: Pierre Aydin who wrote (20457)8/12/1998 1:46:00 PM
From: joe  Respond to of 45548
 
>>Any thoughts.<<

I think Money Managers have made up their minds to
own COMS before 32 and maybe slightly over (jmo).

So, now it's just how to get there first before the
product is all sold out. (I'm assuming the demand is
pretty strong)

I guess there will be momentum guys who see this, and
buy for a quick pt gain...maybe that's what we're seeing
now backing up a 1/2 pt or so.

Clearly, though, our main resistance was at 28 1/2, and
we've never had much before 30 1/2 or so.

joe


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