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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: David Lawrence who wrote (21742)9/21/1998 3:26:00 PM
From: joe  Read Replies (1) of 45548
 


Dave, thanks, but I was hoping you'd add something like:

Mr X. is now writing Oct 30 calls for 3 5/8, a full 1/2 pt
higher than 3 hours ago. Unless, he's absolutely sure about
predicting the future, and he feels real good about COMS not
going up to 38 or 40 in 3 weeks from now, he better cover those
calls. Then again, I guess maybe he already owns the stock.

I would tend to think, there's a lot of extra buying, though.
And again, it's bizarre that the price has moved, except
in the last minute I just saw it hit $32....whoppiee!!!!
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