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

To: matt fahy who wrote (23178)	10/23/1998 10:10:00 PM
From: chenys	Read Replies (2) \| Respond to of 45548

Matt: For the past three cycles, coms ran up from its bottoms for 11-12 days and then fell back to the ground. We are there now, again. Look at the stochastic, it is too risky to hold the profit (on the long side, that is) now, let's face it. We should see 28-30 next before we see 35. The most important thing is that when this dog breaks out, there is no stopping, it will be at 50+. But the time has not come yet. Is there anyone who thinks why we should be at 50 now for a good reason? Other than LU steps out and take it? So, let's buckle up and ride for another time. Next time around, it will be more pleasant, I believe, or so do I hope.

To: matt fahy who wrote (23178)	10/24/1998 12:26:00 AM
From: joe	Respond to of 45548

>>Who needs COMS that bad Monday morning?<< If no weekend problems, then people will want to get back in on a bullish trend up. Plus, there was some brief profit taking friday, so, that let out some of the steam, and profit taking is less likely. >>Contrarian: Looking for gap down to $32 area (lower end of channel?) to refuel and then take out $33 with a vengeance (Mon/Tues).<< Yeah, we could gap down also, but I think we agree that taking out $33 is just a matter of how soon. Re: Fore Did you see where CNBC, in late afternoon, mentioned something positive about Fore, and it jumped up nicely. (In the midst of market profit taking)? What a coincidence...NOT. >>if dow comes back monday it looks like rally continues.<< I think now, the Naz and dow are more disconnected. I like this because I think it means that there is more $$ going into the market than just program trading. Also, small caps are getting hit a lot, so Naz and Naz-100 are disconnected. I think COMS trades more with Naz-100 -- that's what I watch more closely to track COMS moves. RE: Fore.. I wish I didn't have to work, then I could study up on Fore and the rest of the companies, and watch them more.... But, I am keeping me eye on it more. I like it cause it's share price is low. At the moment, I'm more familiar with DELL, MSFT, and CSCO.