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

To: Wayners who wrote (16872)	6/4/1998 4:37:00 PM
From: blankmind	Respond to of 45548

so very often with coms of late it rallies on the open to see the high of the day (as it did again today). makes sense not to hold overnight if you were short, or to sell at the end of the day if you are long. the rally definitely slowed today, but continues to show a consistent up patter. just as coms declined, moving lower and then retracing some of the losses, coms is now moving higher retracing back, and then moving higher again. good luck, and we must have been posting at the same time, so i apologize for your having to repeat your resonse to me also. thank you.

To: Wayners who wrote (16872)	6/4/1998 7:05:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

>>When I see an ask size of only 500 shares soak up about 50,000 shares in buys and the ask doesn't move, you know they are unloading shares with limit orders at the ask price. Very sneaky. << I interpret this as dumb selling (if somebody is selling now, they sure missed the boat a long time ago. And they've had plenty of time. Big sellers usually aren't that dumb, I don't think, if they've been doing it as a full-time career. Or very smart unwinding of short position by major players who knows when the getting out is good, and doesn't want to cause a stampede. What do you think?? Anybody?? j