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


To: TechMeister who wrote (21559)9/16/1998 6:44:00 PM
From: joe  Read Replies (2) | Respond to of 45548
 


>>Looks like Spet30 Calls have massive interest. I am dead sure we will finish just around 30 on Friday, as thats the maximum pain point. Will be a great time to pick up some COMS for earnings take off next week...<<

Interesting. I've just come into some new funds and wanted
one last chance to scoop up more COMS before earnings.

But, with the Sept 30 calls going for $1 plus, would that mean
that we are going to spend a lot of time over $31, otherwise
those people buying calls will have to see them disappear. Then
again, those that sold the Sept 30 calls are hoping we end
at 30 on friday, like you said.

Why do you pick the maximum pain point? And how do you do it?
If it's a long explanation don't worry about it.

btw...Before Greenspan talked, I thought he would be a little
more encouraging and it looked like COMS was going to attempt
a rally to $32...at least test it out. I wonder if we
still have a shot at $32 this week.

good luck,
joe