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


To: Elmer who wrote (14146)2/28/1998 9:33:00 PM
From: Crzy Joe  Read Replies (1) | Respond to of 45548
 
<<< Does anybody have any views on the large call options purchases that occurred Friday? About 9,500 April 40 contracts transacted and I don't know if that's good for the longs or what. If anybody has any theories, I'd appreciate hearing them. >>>

David,

If people were truly long on 3COM, the April 40 contracts are insignificant. COM longs have more of a 3 - 5+ year outlook.

I believe COM has positioned themselves very well for the future.

So y'all short all you want.... it's healthy for the company. = P