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


To: Wayners who wrote (22785)10/14/1998 8:34:00 PM
From: joe  Respond to of 45548
 


Wayne, glad to hear that. I also sense that it's more likely
we will get through $33. Not only did we have a higher low
as you said, but we've been zipping up faster to $30.

I guess you are finding COMS an easier stock to trade compared
to 3-4 months ago? Or are you just getting used to it's
quirks?

It's interesting to see you try to catch all the moves.
(Why couldn't somebody try it at home, unless you've got special
equipment?) The main thing I'm looking out for is if we
get a dip of 2 pts or more, then I want to bail out and rebuy
lower. I should have listened to you last time we were around
31-32 and you suggested there was a good chance of seeing
24 again. I wish I would have acted on that.
But for a 1/2 to 1 pts, I'll just go with the flow.

Provided the market is friendly, I think we will get to 35-45.
At that point I'd like to do a little more trading, since
I think it will be at some tops and tougher resistance pts.

btw...you probably don't follow the fundamentals to much, but
COMS the company is getting it's act together quite nicely.
Just hope they keep it up.

For tomorrow, I'm predicting another strong run.

See you tomorrow,
joe



To: Wayners who wrote (22785)10/14/1998 9:18:00 PM
From: elmo north  Read Replies (1) | Respond to of 45548
 
I also bailed out today and may just wait to get a better sense of direction here. Comparing the previous two run up trend lines would place 27 3/4 to 28 as a must hold for tomorrows trading. I also didn't like the fact there was a fair amount of selling at the present downtrend line.



To: Wayners who wrote (22785)10/15/1998 10:11:00 AM
From: matt fahy  Respond to of 45548
 
OT

Wayne,

Can you give me your opinion on Fore Systems and if the $12 - 16 gap down looks like it needs to be closed? The stock looks way oversold and I have been buying and selling into rally's successfully so far.

quote.yahoo.com

Thanks,

Matt



To: Wayners who wrote (22785)10/15/1998 10:55:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


COMS breaking through 30. It's at 30 5/16.

This morning looked we had a little resistance.
I think we had to flush out some traders who
bought around 25-26.

My feeling is there are institutional player ready
to buy in the background.