3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

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Jan 29 9:30 AM EST

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To: joe who wrote (24829)	11/19/1998 12:15:00 AM
From: Steve Porter	Read Replies (1) of 45548

Joe: Re block trades. The one thing that was missing from that block-trade summation was the number of shares that those block accounted for. 223 (or whatever) block trades could mean anywhere from 2.23 Million shares and up. On a day where you have 16 Million shares changing hands, that is still a lot of shares not moving in blocks. Let's say the block trades accounted for 4 Million shares, with institutions picking up another 2 Million in here and there trades.. that still leave 10 Million that were MOM & POP buying. or to put in into nerd terms 37.5% instituions and 62.5% normal people. Also block trades can also be block sells. Regards, Steve PS Bedtime..

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