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


To: craig crawford who wrote (20189)8/5/1998 2:26:00 PM
From: Eric L.  Read Replies (1) | Respond to of 45548
 
Craig, OK you're a glutton for punishment. However, I'm a goof since I purchased 30 OCT 35 calls 6 weeks ago! Both probably trading at about the same price by now!

Best of Luck,

3Com Boy!



To: craig crawford who wrote (20189)8/5/1998 3:15:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


>>Call me a glutton for punishment but I just bought
50 Sep 25 calls.<<

I would think you'd want to get the October calls.
3Com will report a few days after the Sept expiration
date. Looks to me like the few weeks before earnings
are going to be a replay of the few weeks before earnings
last time.

Another words, lots of fear...unless there is some good
guidance. Probably not going to happen, and if it
does who will believe?

Unless your strategy is to buy for a quick sale when the
3Com price pops up a bit? Anotherwords,
short term options trading?



To: craig crawford who wrote (20189)8/5/1998 3:17:00 PM
From: Winston Kim  Read Replies (3) | Respond to of 45548
 
I think throwing quarters into the sewer would be more fun. 50 Sept calls. That is the funniest thing I ever heard of. This stock will have to double in a bear market. Ha ha ha.

Why do shorters always get flamed? I suggesting shorting ASND yesterday...and got toasted from people who are long. Geez, bunch of idiots think a stock will go straight up. Stocks never hit 52 week highs in a bear market. While does idiots were buying, I was shorting and now I am up over 2 pts. Go figure.

COMS has huge resistance levels it needs to overcome, that is not possible in this market environment. It will break the 52 week low looking at the chart all technical indicators provide no support for this stock. It will go lower and stablize once it hits a new bottom.



To: craig crawford who wrote (20189)8/5/1998 3:46:00 PM
From: Arnold Layne  Read Replies (1) | Respond to of 45548
 
Bought some Oct 22.5 calls for 3 3/4. EOM