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

To: joe who wrote (22830)	10/15/1998 8:39:00 PM
From: Wayners	Read Replies (1) \| Respond to of 45548

This rate cut, largely unexpected is a BIG DEAL. Overseas markets will be up strong overnight and S&P Futures will be up strong as well. Expect a gap up tomorrow. It won't take long for the market to price in this rate cut, so depending on how big the gap is will determine whether it is hit with profit taking. Uptrendline is now at just under $30 even. If it gaps up to anything near or over $32--take profits. $32 and up is at the topside of the upchannel. When we get to retesting $33 and change--consider protecting your profits by selling and then setting a buy stop higher at say $34 or thereabouts. Protect your profits! Buy anything close to $30 tomorrow if seen.