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

To: Mang Cheng who wrote (22799)	10/15/1998 12:36:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

>>$32 1/2 is the triple-top that we must penetrate for a breakout. I don't think we'll be there by friday. Most likely we'll close $30 tomorrow and start the assult on $33 next week.<< Yes, $32 1/2 for breakout sounds right, but I also wouldn't quite expect to be there tomorrow, though I wouldn't rule it out by any means. I wouldn't be surprised if there is some stealth buying and coordinating it with options. Options are somewhat low priced when taking into account that we're still somewhat low (IMO). A heavy buyer could really tilt the scales towards winning out on the options and price appreciation if he has in might to accumulate the stock as his original purpose. You just never know with COMS, and it has been getting more recognition. Lastly, it's a value stock. High priced stocks are out, value stocks are in nowadays. One thing I notice, is that volume is low but we're still edging through the $30 resistance...gives me the sense of some type of stealth move. Oh, well, we shall see.... joe