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


To: chirodoc who wrote (28099)2/15/1999 3:27:00 PM
From: Bob Smith  Respond to of 45548
 
Curtis,

I agree a rise in rates would greatly influence the market. However, rates are a 5-6 month precursor ...not instaneously.

My guess is Dell reports between $5.2 & $5.5B...and the stock rebounds a bit...which would rebound the OTC market.

My point was.. from a pure technical view...COMS is a buy. Look at the charts..every time in this area when the D% stochastic is less than 20% and a clear candlestick appears...the stock rises over the next few days. If it does not rally tues or wed then i would be surprised. However, if rates go crazy ...market euphoria tends to ignore technical indicators.

Bob