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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Dom B. who wrote (29995)12/2/1997 10:02:00 PM
From: j g cordes  Respond to of 58727
 
Dom, just finished listening to Allen Greenspan atop the Hilton. I must be weird, as I actually enjoy listening to him and catch the in the cuff humor.

If you are right about COMS, then I'm kicking myself for not buying puts today on the upgrade... when it happened I said to myself... 'remember when they upgraded TBR to 200, remember when they upgraded MU to 90, remember when they upgraded...' that upgrade was to clear out their own stock into synthetic strength.



To: Dom B. who wrote (29995)12/2/1997 10:06:00 PM
From: Heg Heg  Read Replies (2) | Respond to of 58727
 
3Com Corp (COMS) 35 5/16 -3 1/16: networking equipment maker says it expects to report a slight profit for the 2nd qtr,
which would fall sharply below the $0.44 a share expected by Wall Street analysts. Cites change in inventory management for
expected disappointment. Puts Q2 sales at $1.22 bln to $1.24 bln vs the $1.6 bln posted in the 1st qtr . Stock currently
halted...<<<

Now that was from Briefing. When after hours traded COMS again, it
traded at $31

Heg


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