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

To: Wayners who wrote (21287)	9/8/1998 2:44:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

>>Looks to me like COMS is forming a pennant as a bottom, as the volatility decreases after the drop from $30. The uptrend portion of the pennant is at about $24 even. If the pennant theory holds, the next buy point is $24--probably by tomorrow.<< That would make $24 sort of a breakout pt, correct? Sort of like it's settling down possibly between 24-25, and then it has to make up it's mind which way to go? If we go up to 25 1/2 -- 26, sometime today or even tomorrow opening, do you still see hitting $24 tomorrow? Am thinking of unloading a few at a little higher price (wondering if it's worth waiting to do so)...too bad I didn't do it when you sold yours...the thought did cross my mind.