BUY! 3COM CORP (COMS) Nasdaq

  Report No. 1075    Analysis by: Harry Aloof     JULY 13, 2000

3COM CORP (COMS-Nasdaq): Technical Viewpoint: From a low of $35 5/8 on May 24, 2000 prices rallied, reaching a high of $51 1/2 on Jun 22, 2000. A decline saw prices pull back, reaching a low of $46.31 on Jun 28, 2000. Another rally saw prices penetrate resistance, closing 7/12/00 at $64 7/8. Technicals: Momentum Index (MTM): A Buy Alert! was given on Jun 30, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $50.00. Resistance: Is at $70 1/2. Point & Figure: Reversed to the upside on Jun 29, 2000. A P&F upside reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! 3COM CORP (COMS-Nasdaq) @ $66 1/8 Stop: Use a protective stop of $63 1/4. 3COM CORP is currently trading @ $64 7/8 plus $8 1/8 on Jul 12, 2000. Price Objective: $82.00. Risk/Reward: $2 7/8 VS. $15 7/8. Today's Risk Reward Ratio: 5:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$82.00 Risk/Reward:
$2 7/8 VS. $15 7/8 Risk/Reward Ratio:
5:1
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