Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Wayners who wrote (22779)	10/14/1998 5:00:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Wayne, Yes, things worked out well for you, but.. >>when I saw the volume increase dramatically after the long run.<< Why would this be a problem? Actually, I would say that the heavy volume increased when we hit $30. I guess that was profit taking. It coincided with the Naz day plot. I did see a lot more of the volume on the ask side when we got to $30, if that means much. Going past $30, is probably too much for today, since there has to be profit taking after a long stretch, I gather. But, OTOH, this is options week, and it is to some investor's advantage, I think, to boost the price up fast. Lot's of options activity in the calls today, and somebody could have made decent $$ in the 30 call option. By afternoon it had appreciated at least 30%. Anyways, I'm just wondering if some of the COMS behavior is due to options. Also, there was some fairy decent news. Corebuilder product was one aspect. Also, Lucent had some good news, and this gave a lift to the networkers I think. I gather by your opinion, that you're not sure what will happen. I was thinking that profit taking would be at 31 or 32, and then set up for retest of 33-34. Volume today, was moderate. But, we