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


To: Steve Porter who wrote (20539)8/13/1998 12:00:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 

>>Coms will finish down between 5/8 and 1/4 for the day.. wait and see. Program trading is designed to trade without affecting the price too much. Right now (at this point) we have low volume, little interest to buy at high prices. Give it until about 2:00 to flush
the program and profit takers.<<

Interesting, where do you learn this about program trading?
I'd like to get more familiar with it.

Right now we're at 28 1/2, (12:00pm). You think we're
going lower? I'm wondering since I might as well unload
a bit and buy back at 2:00pm when the rain stops.