SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Mang Cheng who wrote (18878)7/8/1998 11:57:00 PM
From: William Wang  Read Replies (1) | Respond to of 45548
 
Joe & Mang, I have been playing golf this whole afternoon so don't have so much time to read the messages. But one curious question, why you guys reply to my morning post in the evening ?



To: Mang Cheng who wrote (18878)7/9/1998 6:41:00 PM
From: joe  Read Replies (3) | Respond to of 45548
 
Mang at all,

I'm posting this to you Mang because I remember you said
you use the tc2000 web site or program and you may have
more insights by using this tool to track buying patterns.
The message below was by somebody using this tool.

I got this from the Yahoo message site, somebody who
was doing analysis on money flow...:


Up all day with volume already at 10M. Down to breakeven on
less than 2M additional shares. Sounds like big buying, and
thin selling by individuals later in the day, driving the price
down.


My intuition of the buying pattern in this stock is
being validated
. It's been strange ever since we did
the big gap up on June 25.

Look at today, massive buying to climb up nicely, then a
few piddly shares to send it way down again.

The big buyers stopped buying to get the price down,
possibly for the next day. I may buy a few trading
stocks in the morning, and sell them as soon as selling
volume goes down. But of course, there are other ways
to play this game. The institutional accumulators may
opt to stay out of buying tomorrow. Then price will
fall to 28 1/2 as it was doing a few days ago.

The positive is that the weak hands are being replaced by
institutionals. Eventually, COMS will not be going up
and down like a yo-yo from these small time trading
technicalities..

joe