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

To: joe who wrote (24814)	11/18/1998 8:35:00 PM
From: Steve Porter	Read Replies (1) \| Respond to of 45548

Joe, How many times have we seen this kind of action in COMS only to give most of it back in the next couple of days.. look at the charts.. it should be self-evident.. I'm not going to get screwed over this time around that's for sure ;-) Steve

To: joe who wrote (24814)	11/19/1998 2:06:00 AM
From: Tim McGee	Read Replies (1) \| Respond to of 45548

Joe Get back in / positive LT indications You gotta get back into your stock. If there are no announcements or buyout, I'm sure there will be another opportunity to get back in at 35+. But you are the pure bull and its just bad Karma having you out of the stock even for one night. You got to be there when we get our big bounce. After all this waiting we've been doing, the FA and TA are finally aligned to produced a good runup without a major market downturn. Technically, Wed gain should be retraced back to 35+. May happen tomorrow may not happen till next week. I don't want to see the stock go back down but you will most likely have a chance. Consider the following: Observations: 26 days over 50DMA very solid evidence of return to strength 50 DMA has been crossed 20 times (or so) in the past year but not since Mid Oct Held 200 DMA for 25 days Com$ straddled the 200 DMA for a few days in late sept for the only crossing of the past year before mid oct. A Year chart shows a quadruple bottom with the recent breakout. 3 Month performance noted in my earlier post Conclusion These are all classic signs if backed up by good earnings and news will continue to leads coms up strongly over the LT. Bona fide rally and most likely a breakout. A 3 month chart looks like a textbook breakout pattern. All the bets are on the stock going up. Don't bet against the LT momentum created by these indicators COM$ would have to miss earnings and have some negative news for this to break. It does not look like this is going to happen. It took the INTC NIC market share gains with ease. Tim