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

To: FUZFO who wrote (22855)	10/16/1998 1:57:00 PM
From: joe	Respond to of 45548

Fuz, >>I don't know about you but I smell an afternoon rally in COMS.<< Could be. So far COMS has been in a tight trading range. IMO, that might indicate one more try at 32. >>I was watching when it touched 32 the sellers were lined up,<< I know, I saw that also. As soon as it hit 32, there was a 50K block on the ask side. But, it was swallowed up better than I expected. I think the reason we didn't blast through was due to the NAZ falling off at that point. Also, I think for the last few hours, the NAZ has been in profit taking mode. The NAZ climbed up a lot this week, so I guess it's natural to expect a good amount of profit taking. joe