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

To: mr.mark who wrote (30706)	5/8/1999 11:28:00 AM
From: X Y Zebra	Read Replies (2) \| Respond to of 45548

Good Morning Mark.... I have been in and out of Three Com several times over the last few weeks.... a little slow for my taste.... However, although out for the moment, I still have it on my "watch list"..... This AM as I downloaded yesterday's data (on TC2000... one of the chart services I use, as it can "scan" charts quickly for ideas), in their daily comment there was this: _______________Copy start_____________ TIPS & HINTS Friday, May 7, 1999, 4:00 P.M., ET It was a quiet day. The April Unemployment Report gave no visible grounds for inflation fears, but tell that to the bond market. It can't shake a bad case of the shakes. The Internet stocks were mixed with a bias to a continuation of their bearish growls. The public is beginning to buy them – the widows and orphans, that is. They believe that minimal prosperity today is two cars in every garage and an Internet stock boiling in every pot. The chicken promised by Roosevelt was safer. It boils at a lower temperature and never blows up in your face. If you peel the skin off, it isn't even fattening. An Internet stock may peel your skin off. The secondary stocks continue to perform. We like the looks of the Russell 2000, which could be ready for the next upleg. Check RUT-X out on a daily chart. Our favorite charts today are CTAL, KBL, SKYW, BTOB and (this one may surprise you) COMS. Check them on dailies and PAIR on a weekly. Have a Happy Mother's Day (but warn Mom about those Internet stocks). ___________Copy End___________________ I will watch closely for increased momentum. The above comments, (from one of the Worden Brothers), caught my eye, I give them roughly a record of about 70% in their calls... this is a rough estimate, from previous calls they have made. It seems to me there is a lot of "watchers" of this stock. In the last couple of weeks, after April 23, when it first "jumped" from around 22, we seem to be having some difficulty past 26 - 27, with support around 25.... (not much of a "tradeable range"). However, it may very well be that this charts is being "compressed" and any minute now, it could "spring"....(forward I hope)... Anyway.... I thought you would like to know... For those interested: (this is a disinterested "plug" for the Worden boyz... as I am not related to them)... However, I should give them the exposure, since I copied their commentary above. tc2000.com