Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: William Wang who wrote (19067)	7/13/1998 11:23:00 PM
From: Box-By-The-Riviera™	Read Replies (2) \| Respond to of 45548

yes..... I agree block trades are significant...particularly if they are occuring on a frequent basis..... and as I have said... TA supports a movement of distribution to "public" money..... this daily parade of chit chat about every 16th of a move hardly makes much sense to me....but some folks enjoy it.... the larger trend doesn't support much optimism beyond short term spikes in my present view.... IMHO Joel

To: William Wang who wrote (19067)	7/14/1998 12:44:00 PM
From: joe	Respond to of 45548

William, My take: very low volume, we still stayed above 28 1/2. True, money movement not as positive as other days. One day does not make a trend. A LOT OF $$ is being put into other places. It could be that COMS not be a primary choice will just be "on hold" till the rest of market slows down or gets very over heated. Also, a lot of investor's have seen price drop and they feel threatened by it. It could be that smart money's tactics are working. AND, if block trading was negative along with retail trading, THEN COMS should drop into the 27-28 range, which by the way is not all that inconsistent with TA. That was Wayne's analysis, and he still has not been proven wrong on this one point. BTW, I forgot to mention. This is options week so most of the trading can't be fully explained. I usually don't try to read in too much during options week.