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


To: matt fahy who wrote (23843)11/3/1998 11:13:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


folks,

I guess the 'fill the gap' pt is at 34 1/2.

see: quote.yahoo.com

were having some decent volume going down, so I interpret
that as shorts covering, or profit taking (don't think so,
otherwise, they would have done so in the 36 range).

This downdraft is market wide. There's nothing
market wise to send it down for days on end. IMO, this
is just profit taking. That's the main
thing to keep in mind. If possible, I think the Market
Makers will try to get it down to "close the gap".

But, if they have a boat load of shorts covering, who
knows if they'll get down there. We'll see. Definitely,
don't try to buy lower, unless you have to.

Here's your chance.

good luck,
joe

ps...sorry for delay, lots of trouble getting through to Si.