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


To: joe who wrote (21215)9/4/1998 4:22:00 PM
From: Wayners  Read Replies (1) | Respond to of 45548
 
Its time to get even with COMS here. I'd love to see it go back up to $32 just one more time. I figure the risk has got to be pretty low at this level. How low can it go? $23 even? I can stomach that. COMS will be a position trade. I do those too in addition to daytrading, but only when I think I can collect a significant runup in price. What do you mean there's no shorts in this stock? That is surprising. I'm expecting indexes to retest lows and reverse. Traders at the beginning of the day, according to briefing.com were talking about a selloff at the end of the day in advance of the long weekend. I guess thats what that thing was at 1400. I don't think there's a whole lot of sellers left. They've pretty much been flushed out at this point.