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

To: Greg Jung who wrote (14485)	3/18/1998 12:40:00 PM
From: robert	Respond to of 45548

I believe the only reason BAY is up is that at 24 it is WAY OVERSOLD, it is still oversold at 26. For 3com to be in a similar position the BAY 24 dollar point is about 28.5 for 3com and the BAY 26 dollar point is 30.5 for 3com. Most of today's quasi up action in 3com is just the pseudo uneventful news of a pact with Ericsson so the market makers could let some of yesterdays big buyers out. BAY has not turned around and most of today's "up" will go before the close. 3com has a long way to go "down".