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


To: Steve Porter who wrote (19333)7/17/1998 5:51:00 PM
From: chenys  Read Replies (1) | Respond to of 45548
 
exchange2000.com
If the theory holds the water, the MMs just spared (whatever that means) about $15.5M for keeping coms at 30.



To: Steve Porter who wrote (19333)7/17/1998 5:57:00 PM
From: victor pan  Read Replies (2) | Respond to of 45548
 
steve,

doesnt the low volume mean that there are no big guys that are interested in COMS? it takes the big guys' buying to drive the stock price up, not big guys to (already) own the stock. maybe some big stop orders are sitting at around $30.5-$31. if the stock breaks through, momentum players jump in, and the stock goes up. is there a resistance at around 30? if it cannot close above $30 in a few days, it'll come back down? victor