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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00400+185.7%Dec 5 9:30 AM EST

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To: Carmine Cammarosano who wrote (10330)11/16/1997 1:18:00 AM
From: Chi-X  Read Replies (1) of 45548
 
COMS open short interest for October was 13,496,042

10/97 13,496,042
09/97 13,190,775
08/97 13,407,274
07/97 15,675,671
06/97 38,864,769
05/97 31,828,139
04/97 17,169,187
03/97 13,259,713
02/97 3,646,763
01/97 5,851,557

The open short interest is from those that are short and haven't covered yet. Anyhow, if you'll look at the above figures, you'll find that COMS tended to increase in price as the short interest increased. Also, note that COMS price tended to decrease the months that short interest was small or declined. Unfortunately, I don't have the figures for this current month when this correction began.


Cheers,
Chi-X hath Spoken!

"There shall be no wine, before its time."
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