Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mp who wrote (27945)	2/10/1999 3:51:00 PM
From: Finder	Read Replies (3) \| Respond to of 45548

Getting a little bounce at the end of the day as the day trasders whoi sold short this AM abd helped drive the stock down cover, so they can repeat the process tomorrow.

To: mp who wrote (27945)	2/10/1999 4:00:00 PM
From: joe	Respond to of 45548

>>but I think the new sell-off might be on fear that 3com just fell thru 200-day MA at 33! It is not a good technical sign. I wonder if there is anyone out there who is thinking along this lines<< I'm sure that there are many looking at just this fact alone. Many traders and institutions base buy/selling on TA. The only thing most are thinking at the moment is damage control, (Unless they know what the d*mn numbers are for the quarter; heck, even if they make the quarter, this stock will be spooking the heck out of a lot of folks; COMS will need a big contract to repair this type of psychological damage.)