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


To: joe who wrote (22604)10/8/1998 3:00:00 PM
From: chenys  Respond to of 45548
 
I feel the sense of conspiracy here in this price movement today. It will be interesting to see what the next hour brings us. Remember, Oct 30 and 35 calls (THQJF, THQJG) have the highest open interests. Such indicator for stock price prediction has never failed for coms, at least for the past 6 months. So, by next Friday of expiration, we should have a lot of fun.
God has mercy.



To: joe who wrote (22604)10/8/1998 3:35:00 PM
From: chenys  Read Replies (1) | Respond to of 45548
 
Have you heard coms buying anyone?
It would be silly for coms to buy anyone with its stock at such a doggy price, of course, but I sometimes wonder if this is part of the reason. It makes those who know nervous.



To: joe who wrote (22604)10/8/1998 4:34:00 PM
From: FUZFO  Read Replies (1) | Respond to of 45548
 
Joe, my guess is probably many people who bought on the takeover rumors last month just threw in the towel today when coms finally capitulated. If this is as bad as it gets then "been there , done that". BTW I actually am in the money on my CPQ today, bot at 23 9/16 :-)) so its not all bad. I believe coms will test dabble with 24 before going up. JMO
fuz