3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 9 9:30 AM EST

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To: Richard P. Roberts who wrote (31408)	6/3/1999 1:09:00 PM
From: 8bits	Read Replies (1) of 45548

<<Law Suit claims insiders bought back 4.3 mil shares w/company $ which boosted price,then sold 4.2 million shares at pumped prices out of their options accounts, sounds damning IMHO.>> Not necessarily. Did the buybacks occur when stock prices where depressed in September/October Sounds like the typical Hi Tech buy back for distribution to employees. It was probably approved at some shareholder's meeting.

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