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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 29 9:30 AM EST

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To: matt fahy who wrote (24780)11/18/1998 4:20:00 PM
From: Steve Porter  Read Replies (1) of 45548
 
Matt,

Today was a sucker rally in both FORE and COMS.. FORE and COMS will both give back a large percent of what happened today. If you look at the trading, while there was a lot of volume, they were all tiny trades (at least in coms anyway). The average trade size was only 1,076? (give or take) shares.. this isn't large blocks and this isn't institutional buying. This is people fooling around with the stock for options more than anything. Look back and you will see a similar pattern for the last couple of months in COMS if memory serves. This time I'm not taking the hit though.

Steve

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