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

To: joe who wrote (24777)	11/18/1998 4:14:00 PM
From: Steve Porter	Read Replies (1) \| Respond to of 45548

Joe, TA goes in the crapper for now. Look for a weak gap up, follow by some major back filling into the $36 range.. buy anywhere below $36.5 IMHO. Watch closely though. It may take a while to give this back (2 days).. if we don't get below $36.50 tomorrow look for the week to close at either $37.50 (most likely) or $40.00 unlikely, but possible. Regards, Steve

To: joe who wrote (24777)	11/18/1998 4:21:00 PM
From: Wayners	Read Replies (3) \| Respond to of 45548

T/A can't predict breakout directions so like I've said many times--you have to be ready for a trendline break in either direction--you never know what's going to happen until it happens. COMS almost got today's break 3 days ago. I would have been stopped out on that just under $35. I still would have put in another buy stop higher--even after getting stopped out once. Price held after that. The amount of real resistance from here on the upside is dependent on there having already been a total turnover of the float in COMS such that everybody that is now in COMS--got in at a lower price than where COMS is today rather than at a higher price. Hopefully the big "crash" got the old hands to finally throw in the towel at a BIG LOSS. I really like seeing the big money lose by following their stupid analysts. I've got to hand to you Joe--you've got the strongest hands in the business.