SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130+1,200.1%Nov 7 11:47 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Phoenix who wrote (40535)3/1/2000 8:30:00 PM
From: David E. Taylor  Read Replies (2) of 45548
 
Gary:

Was that the last bounce or the one just after 3:00 pm? I should have taken the 3:00 pm bounce but figured we'd get one more run before the close, caught the last one at 110 and unloaded 50% of the March 80's/90's I was holding. I had a sell in on 1/3 of my largest block of shares at 115 which we never reached again. So, all long positions still intact for tomorrow, plus 50% of the calls.

Spent a couple of hours today kicking myself for not unloading everything (calls and stock) during that first hour run up and then buying back, until I ran the numbers at the end of the day and saw how I'd made out by unloading and buying back 50% of the calls reasonably close to the top and bottom during that first hour and a half. I was taken by surprise by the volume behind it and the speed with which it went - 14 points up in 25 minutes, 20 points down in less than an hour. The March 80's and 90's dropped from 40 to 25 and from 32 to 20!

I this a.m. is any indication, tomorrow could be a real roller coaster.

David T.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext