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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: E_K_S who wrote (32650)7/26/1999 8:32:00 PM
From: Elmo Gregory  Read Replies (1) of 45548
 
Hi Eric - Your investment strategy makes perfect sense to me. Clearly a well thought out plan. I'm printing a copy now to keep close by for reference.

After downloading the 3Com options data file from CBOE and plugging it into Excel, the following result looked rather interesting: put/call ratio before today was 0.494; today's put/call ratio was 1.420 which suggests a very negative sentiment. Wish I had paid closer attention to this before jumping in and buying those LEAPS. But as you say, there's lots of time left.

Regards,
Elmo
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