3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00170

0.0%

Feb 6 9:30 AM EST

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To: Wayners who wrote (16872)	6/4/1998 7:05:00 PM
From: joe	Read Replies (1) of 45548

>>When I see an ask size of only 500 shares soak up about 50,000 shares in buys and the ask doesn't move, you know they are unloading shares with limit orders at the ask price. Very sneaky. << I interpret this as dumb selling (if somebody is selling now, they sure missed the boat a long time ago. And they've had plenty of time. Big sellers usually aren't that dumb, I don't think, if they've been doing it as a full-time career. Or very smart unwinding of short position by major players who knows when the getting out is good, and doesn't want to cause a stampede. What do you think?? Anybody?? j

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