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: blankmind who wrote (16285)	5/28/1998 4:10:00 PM
From: Wayners	Read Replies (1) of 45548

I closed my day trade short at $27 1/16. I saw a lot of accumulation at $27 in the last hour. No matter how many 5,000 and 10,000 share lots were thrown at the stated bid size of 3,000 or 5,000, no dent was being made and the 3,000 and 5,000 sizes just stayed there. Didn't want to hold overnight. Will look at S&P Futures tomorrow to see which way the market wants to influence the amateur traders at the open and trade accordingly. I will short any gap ups or intraday moves before 12a.m. up to $27 1/2. I think the accumulator will want to unload at $27 1/2.

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