3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

0.0%

Nov 7 11:47 AM EST

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To: blankmind who wrote (18853)	7/8/1998 3:15:00 PM
From: joe	Read Replies (2) of 45548

Interesting idea. I figured they had already used all their bullets - probably when we went 31. I was wondering if that's why the volume was high those days. But then again who knows. Have you ever wondering why they thought they needed a buyback if they had a decent earnings report? Usually, buybacks are for less than favorable reports. 10Million shares at $30/share equals $300Million. Seems like a lot of cash when maybe they didn't need to spend it? Seems like we're getting some upward mini-rallies with low volume. Very unusual COMS behaviour.

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