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

To: Steve Porter who wrote (23271)10/27/1998 4:24:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


Steve,

>>To be honest with you I'm hoping for a gap down to 31 tomorrow morning, followed by a quick recovery to $34 ;-)<<

Hmmm, kinda suspected you would:-)

joe

PS...meet you back at the top of the hill, $35, again on thursday/friday maybe<g>



To: Steve Porter who wrote (23271)10/27/1998 4:26:00 PM
From: Wayners  Read Replies (1) | Respond to of 45548
 
COMS hasn't yet completed any topping pattern. I agree with your asessment and a rally to about $34. However, I do not expect COMS to go above $35 anytime soon. At the completion of the topping pattern I'd expect a retest of the longer term uptrendline at $27 to $28 (Don't everybody send me nasty PMs. Thanks.) Short term however, buy anything in the $31 to $32 range and sell as close to $34 as you can get.


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