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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: joe who wrote (14633)3/23/1998 6:43:00 PM
From: David Lawrence  Read Replies (2) of 45548
 
>>My opinion on the ramp up: Shorts are buying to cover for possibly short squeeze if reports are positive.

You may be right about shorts covering, but there is way, way too much liquidity in COMS to create a short squeeze. A good deal of the increased volume is arbitrage related, with a large number of calls being written and shares being purchased by the writers.
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