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

To: Jeff Mills who wrote (13882)	2/10/1998 11:40:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 45548

<< Just curious as to why you think COMS is a good short now (not for a scalp but for a short position trade)? Give me some insight. >> I see all of the same problems I saw 10 points ago. None of them have really gone away. The modem standard doesn't excite me. Why has A$ND rallied in the face of the modem standard but COMS has not? The stock is NOT participating in the rally. The market is trying to tell you something. Do you think that it's a coincidence that COMS could only finish up a 1/4 point today in the face of the rally? Is it just a coincidence that in this list of stocks (CSCO, COMS, ASND, BAY, CS, FORE, NN) COMS is second only to NN for the worst performance of the last 10, 20, 30 days? COMS is third worst (NN #1, CS #2) for the last 40-150 days? COMS sure isn't acting like the #2 networker. If you rank it by relative strength it is acting like the #6 networker in the last few weeks and the #5 networker over the last several months. It is not a coincidence. The market knows that COMS hasn't worked through it's problems. The market knows COMS has the most asian exposure. The market is punishing COMS for good reason. Just a coincidence that COMS is down in the last month while all the other techs are rallying? Every tech loser that I can think of has been rallying. Even the semi's and semi equips have rallied nicely. Why hasn't COMS? Can you give me a logical explanation for why the market would give COMS the cold shoulder in this explosive rally if everything was ok? Don't you think the word would get out if COMS was back on track and gaining steam? COMS is too big of a company to rebound without the market noticing...