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

To: Thomas Haegin who wrote (11603)	12/5/1997 12:14:00 PM
From: Valentino	Read Replies (2) \| Respond to of 45548

My point in posting the "lawsuit" news release was to confirm my feelings about the duplicitous nature of 3com's top management, not to encourage a feeding frenzy by ambulance chasing attorneys. When Eric Blachno of Bear Strearns calls it exactly as it happened...only about a month before it happens, it doesn't take a village to figure out someone at 3Com whispered in his ear. Why would someone at 3Com do this? I know for a fact the "insider" types are cultivated by the likes of Eric Blachno of Bear Sterns by trading favors for information. One common favor is the buying and selling of IPO's: The analyst offers his "insider" IPO stock which already has has many buy orders...before the date of the offering....essentially putting the "insider" at the front of the "buy" line. Once the IPO opens, the stock climbs as a result of all the buy orders; as the buy orders are exhuasted and the "sells" begin to come in, the analyst puts his "insider"at the front of the "sell" line, giving his "insider" a handsome profit and creating a "quid-pro-quo". Valentino