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: Captain Jack who wrote (30457)	5/2/1999 2:13:00 AM
From: JDGarza	Read Replies (1) of 45548

For the most part I agree with you, however, in this instance about 1/5 of the total outstanding shares traded hands in a single day. This kind of volume, imho, is indicative of a major shift in interest in the stock. In coms case, it appears that the shift is towards buy and hold and shorts covering. Mind you this is only the beginning and as we go down the road evidence of what actually is happening will reveal itself. The big boys eat alone but someone has clean up. My bet is that coms was at the table then,is now and will be for sometime. I'm long with an average entry of 23.25... I might be tempted to sell at 50 but 18 months from now, 50 will be the low for coms.

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