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


To: Bruce L who wrote (27329)2/1/1999 1:13:00 PM
From: MskiHntr  Respond to of 45548
 
Found this on CBS Marketwatch
marketwatch.newsalert.com
I need all the help I can get.

Best, Joe



To: Bruce L who wrote (27329)2/1/1999 1:15:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


Bruce,

I agree. We've been in a trading pattern, IMO, and the
top and bottom range has been pretty wide. But, it seems
that the range is narrowing, IMO. Hard to say for sure.
If so, and market keeps climbing, we may get into a little
higher trading range, who knows.

Also, look at the 2 year time range:

bigcharts.com
(you might have to input the parameters yourself)

We had accumulation in june-july of '97. Note how COMS broke
out very fast in beginning of july; from 45 to 60 almost.

Then we traded in 50's. In oct the stock dropped very fast into
the 30's. This probably caught a lot of people off guard, and
they were stuck for a long time with a stock that torments them.

This might help explain some of the pattern we've been going
through.

joe