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


To: joe who wrote (21097)8/31/1998 7:43:00 PM
From: Mang Cheng  Read Replies (1) | Respond to of 45548
 
Couple posters on the Yahoo board commented that the chart of coms show accumulation throughout the last couple weeks and even in today's action. I also saw the same thing on my TC2000 chart. I'll go home tonight and look at the chart again.

I think we should see some big bounce after labor day and that 7200 should be a very solid resistance.

Mang



To: joe who wrote (21097)8/31/1998 8:06:00 PM
From: lib  Read Replies (2) | Respond to of 45548
 
Well said;

No doubt the same type of person who would laugh at someone taking a rather painful fall on the pavement, and then a couple days later take the same fall as the one he laughed at and break a bone or two (if we're lucky).

COMS will break through the 52 week low and become another stock adding to the brutal breadth on a daily basis. Can you say stock repurchase to spell relief, or lets just demand them to move up the earnings report by say a few weeks. In any case, the new low that will be set will remain within the twenties.