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


To: AreWeThereYet who wrote (11743)12/6/1997 2:57:00 PM
From: ben luong  Read Replies (3) | Respond to of 45548
 
MASSIVE 3COM INSIDER SELLING CONTINUE THROUGH END OF OCTOBER, 1997

That added to the summary:

Notice the large selling by insiders prior to the collapse of 3COM share price in 9/97 - 10/97:

Total_value Total_Share Time_Period Avg_Price
-------------------------------------------------------------------
7,970,200 104,000 12/23-12/30(96) 76.64
16,480,451 220,000 1/6-1/22 74.91
7,787,339 168,300 6/26-6/30 46.27
43,354,439 862,600 7/2-7/25 50.26
14,145,040 290,500 8/7-8/14 48.69
123,547,658 2,422,628 9/24-9/29 51.00
54,302,124 1,063,212 10/3-10/24 51.07
-------------------------------------------------------------------
Total: 267,587,251 5,131,240



To: AreWeThereYet who wrote (11743)12/6/1997 2:58:00 PM
From: StockMan  Read Replies (2) | Respond to of 45548
 
Andy,
Re -- Isn't Motorola already closed their modem business?

yes, they are closing it down and concentrating on Software modems

Unlike some of the 3Com Duds over on this thread, they have seen the future, and the writing on the wall for hardware modems.

Stockman