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


To: Wayners who wrote (25856)12/4/1998 8:42:00 PM
From: Steve Porter  Read Replies (1) | Respond to of 45548
 
Wayne,

You would have been $3 in the hole as we speak, considering we finished today at $43.. and the last time we saw $40 was tuesday I think (your sell would have been in the middle of a 5$ up day.

Steve




To: Wayners who wrote (25856)12/4/1998 8:47:00 PM
From: joe  Respond to of 45548
 


Hi Wayne, good to hear from you!

>>How is everybody doing on COMS. Seems to me
my last theoretical trade would have been a sell at $40.<<

Not sure of the exact situation last time you mentioned that
price, but you would have done well, except that COMS has
broken out about another 10%.

Also, IMO, and others, it looks like there will be more
repeated breakouts coming up.

We've been getting consistently very good news from the
company. The latest is the "revolutionary" products coming
out of the Palm Pilot area of the company - a part that
at one time was viewed to be a casual aside, is now growing
into an incredibly serious strong point of the company.

Keep in touch, we need your help in this 40-50 range which historically has been sort of a steep downhill skiing race, but on ice instead of snow. My guess is it's due to not having been a lot of consolidation in the past to build support and resistance areas in this range...just surmising, needs more thought.

joe