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: Deepak NAik who wrote (24280)	11/9/1998 11:12:00 PM
From: joe	Read Replies (2) of 45548

Deepak, >>Right now I have sold covered calls on COMS NOv 35. Let us see what happens.<< yes, that's seems to be a strategy that has worked well for a lot of people. What will you do if COMS jumps in the money for your nov 35 calls, and your shares get called away? Will you still rebuy your shares back? Very slow volume today. Don't like COMS going down, but I am thinking that very slow volume will make the price more volatile. Could also be more consolidation coming up. Could be buyers are taking a break...even though I think todays OEM contract was significant. I'm still thinking about it. good luck, joe

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