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

To: Wayners who wrote (21274)9/8/1998 10:30:00 AM
From: joe  Read Replies (3) | Respond to of 45548
 


>>Joe, sold all of my COMS at $25 7/8. I think its going higher but can buy back in lower than my sell price anytime. I'm even on COMS now.<<

Congrats...got the COMS monkey off your back now?<g>

I think with this strong an opening, there has to be
some profit taking. Plus, do we really know this rally is
for real?

I think for a while it will be, and COMS will go up a little
higher. I wouldn't be surprised to see people getting
out soon, since they hadn't counted on getting into
the 23's and are fed up. IMO, ultimately we'll go up with
a half-way friendly market and COMS earnings report.



To: Wayners who wrote (21274)9/8/1998 10:35:00 AM
From: George Zhou  Read Replies (2) | Respond to of 45548
 
My guess is you might miss this boat. COMS has tested the $23 bottom three times already. From both fundamental (a good 2Q report will show up around Sept. 23) and technical view, the chance we break the 200 DMA (around $30-31) this time is very high, given a not-too-ugly market enviornment.


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