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


To: allen menglin chen who wrote (43124)5/8/2000 7:18:00 PM
From: John Liu  Respond to of 45548
 
Current After hour price 46 1/2
Bid: 46 3/8
Ask: 46 9/16

Volume 427,048



To: allen menglin chen who wrote (43124)5/8/2000 7:21:00 PM
From: Mark Iguchi  Read Replies (2) | Respond to of 45548
 
Finally! Some good news for this stock. Hopefully tomorrow we'll see renewed buying interest (with meaningful volume) to show that this ridiculous bottom is behind us. Given the distribution date is now only 2 months away and the arbitrage spread is still about 40%, how can the arbitrageurs pass this one up? 40% in 2 months?

I predict within a week we'll see this gap narrow down to 20%. I almost bought some more 3Com today, but I was waiting for it to fall with the rest of the market! Auugh! That's what I get for trying to time the market.