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


To: Wayners who wrote (23215)10/26/1998 12:06:00 PM
From: joe  Respond to of 45548
 


Wayne,

you don't think we should first find out why it's
going up?

Maybe there's a good reason?

(Wayne's answer: Maybe there isn't?)

joe

PS...Wayne you're probably right, but will my finger
be able to pull the switch...everything is lined up...
I previously had a sell order for 34, and canceled it.

Hmmm,...35 1/2 sounds good though, hard to imagine this
thing skyrocketing more than that.

We STILL DON'T KNOW WHY IT'S GOING UP is the problem.

two orders of 100K each and one of 200K...WAYNE, if institutional
buyers are starting to get in, then BUYING HAS NOT DRYED
UP!!! They've got a pile of $$ on the side, unused for a long
time.



To: Wayners who wrote (23215)10/26/1998 12:18:00 PM
From: joe  Respond to of 45548
 
~325k order at around 11:45pm.

>> exhaust panicky buyers<<

why are they buying if they're panicky<g>

It's people with profits that are panicky, don't you
think? Some profit taking soon? But, don't forget,
this stock has been accumulated to death.

Which means, that if institutions are buying it, the
number of profit takers is trivial.

So, are institutions buying or not is the question,
I think.



To: Wayners who wrote (23215)10/26/1998 12:24:00 PM
From: sam  Read Replies (1) | Respond to of 45548
 
I've got my finger on the sell right now (for my trading shares)....I'll buy those shares back next time the shorts scare the price down a few points.



To: Wayners who wrote (23215)10/26/1998 12:38:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


You guys,

don't you think it's strange that there is no news
on CNBC about COMS?

Not even a take over rumor by you "takeover junkies"?

btw...options activity is not that heavy, IMO.
Does this mean somebody is buying shares to keep?

joe



To: Wayners who wrote (23215)10/27/1998 9:30:00 AM
From: joe  Read Replies (2) | Respond to of 45548
 


Wayne,

If you have time, what's the COMS chart look like
to you. Does it have any more upside than you
previously saw? Any thoughts?

OH, VERY IMPORTANT. What's your opinion on the gap
up yesterday? Does it look like it needs to go back
and be filled? (IMO, I don't think so; just checking
you opinion)

Thanks,
joe