3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

0.0%

Nov 7 11:47 AM EST

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To: Christopher White who wrote (10881)	11/28/1997 3:36:00 PM
From: craig crawford	Read Replies (2) of 45548

Here is a prime example of how 2 people see things differently. I don't understand the technical indicators you were just referring to but I will offer my perspective. COMS is still below it's 20/50/200 DMA and all 3 of them are still declining. COMS hasn't been above it's 20/50 DMA since the middle of October. COMS is getting ready to bump right up against a short-term trend line. COMS moved higher today because some analyst from First Albany talked about how well C$CO/COMS are positioned in the networking arena. I find it interesting that he chose to release this report on the day after turkey-day (the lightest trading day of the year). I think he knew that the effect would be magnified.

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