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

To: Bruce L who wrote (19499)	7/22/1998 11:17:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 45548

>> I don't recall anyone doing any technical analysis on this thread in the past several days, so I'll take a stab. << I did look at a comparison chart of all the networkers (the charts generated here at SI). I entered C$CO, A$ND, BAY, COMS, NN, FORE, CS. If you go back 100 days COMS is the worst performer, even losing out to NN and CS. At the 40 day comparison COMS overtakes NN and CS to settle into 5th place, but is still up only 2% while 4th place A$ND is up 17%. In other words the gap is fairly large between 4th and 5th place. Now if you look at the 20 day comparison COMS has moved up to 4th place, surpassing FORE, NN, and CS. The key though is the fact that COMS has narrowed the gap considerably between 4th and 1st through 3rd. COMS is up 10% in the last 20 days while A$ND is up 12%, C$CO 17% and BAY 17%. The gap has closed considerably and COMS could very well slip into 3rd place above A$ND if COMS holds steady while other networkers move down.