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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (36689)	11/30/1999 7:16:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 45548

Gary-- you have been quiet today. Possibly you are not as concerned about this drop as I though you would be.. Anyway,, Hal asked me to get your twist on the following...We agree on the majority, esp tomorrow being key in the very short term, but not all; <<".short interest data just released.....3com short interest ratio is down 19.1% from last month. Delta (volumn) a little over 2million shares. Soooooo....the picture is quite clear....institutions are accumulating especially with 20million shares traded "back to back". Weak hands are taking profits...."privy types are accumulating". This is a classic bull strategy....turn to the side...'graze' for awhile and then continue "stampede"! There is no way that 2 million less shares from previous month's shorting could possible drive price upward 30%+. My stats are indicating to me that....remaining shorts will begin covering during "dips" either limiting their loss or taking their profits...which I believe is what happened today and will continue tommorrow...but when Wednesday comes...it will be the "telling factor" if I am correct in my analysis.">>