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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (13424)	4/28/1999 12:01:00 AM
From: Thomas Sterner	Read Replies (1) \| Respond to of 43080

Watch list 4/28 Add: SEG 32 3/16 Still Bullish: ANTC 23 15/16 AAPL 45 3/4 MACR 41 15/16 ORCL 28 1/16 Tom

To: American Spirit who wrote (13424)	4/28/1999 12:11:00 PM
From: SpecialK	Read Replies (1) \| Respond to of 43080

COMS - where is this Stockcart story, do you mean Stockhouse? I would only say that 3Com is in no hurry to sell off their company or pieces of it to anyone. They have repeatedly stated their intention to remain independent. I am not saying I agree that they can survive that way, but their goal is to not be bought out. They prefer partnerships, joint ventures, i.e. Siemens, Newbridge, Microsoft, Oracle. I would not be surprised with an upmove due to these rumors, but look at the charts and you see a high of 82, and since then lower lows and lower highs. This is headed downward longterm. Rumors are just that. They are started to get people interested (hype), look at the huge volume spike at 25-27, a lot of funds are happy to get out, from 20 a few days prior. If it breaks 28, then the rumor may be true, but I expect selling to enter as it gets near 27-28. Ketan