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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: joe who wrote (15209)4/15/1998 12:45:00 AM
From: Mang Cheng   of 45548
 
<You think this might be indication of another
3-5 pt run coming up?>

Joe, most likely. If Intel is up, COMS will be up, if Intel is down, COMS will be down. Looks like Intel will be up tomorrow.

About a week ago, when coms was at about $35, the options traded were very balanced between puts and calls. Now when coms is at $32, the weight is really quite heavy on the calls side - people buying April 32 1/2 for 50 cents today only have four days to play for their money. If they guessed right they can make a three bagger - and it looks like they are going to win.

Mang
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