3Com Corporation (COMS) Message Board

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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: Steve Porter who wrote (23811)	11/2/1998 3:06:00 PM
From: joe	Read Replies (1) of 45548

Steve, >>All of these upward gaps seem to indicate there is a pent up demand for shares of 3COM. Perhaps their stock is supply constrained as well ;-)<< That's what I was telling somebody...I think solution or somebody. This stock has been so over accumulated it's crazy. Every time we take a 1 or 2 point dip, the first thing we hear is a) COMS sucks, b) we are going down to 25, can't wait to buy then. Well, the "smart money" has been sucking up this stock whenever that happens. And now we are in the enviable position of higher demand and low supply. I think it was q.... He said something like "big deal 8 million shares or so is the held by shorts when there are 350 million shares outstanding". I mentioned the word "float", to him. He is waiting for 30's to buy back....maybe if there's a market crash, otherwise everybody should load up while they can. joe

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