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

To: joe who wrote (22811)	10/15/1998 5:00:00 PM
From: miklosh	Read Replies (2) \| Respond to of 45548

Joe,thread,TA folks, do you think this rate cut will be the catalyst that finally shifts $Coms into a higher trading range, or is $Coms destined to close on options expiration day at 29 255/256 ?<g> What do you think the next range will be (30-33 perhaps), or will enough momentum gather for a gap up to mid-high 30's in the next month? TIA.

To: joe who wrote (22811)	10/15/1998 5:35:00 PM
From: matt fahy	Read Replies (1) \| Respond to of 45548

joe, >>Maybe we'll get a gap up -g-<< I think gap up tomorrow is likely with this strong close, however, not sure if it will stick. I'm thinking of selling on the gap up as Wayne suggested earlier this week, but am not sure he was considering affects of rate reduction and if this changes his plan. I have been using his theory of closing the gap and it has worked quite well lately. Fore systems had a strong day also and I am playing close the down-gap on that one, just not sure how long it will take to close since it was such a dramatic down-gap. BTW, thanks Wayne for your insights! Matt