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

To: Barkat who wrote (23228)	10/26/1998 1:48:00 PM
From: joe	Read Replies (2) \| Respond to of 45548

Folks, Call me crazy, but I am seriously thinking of adding some more shares at this time. IMO, if we're seeing institutionals coming in, then there will be less downside and more upside potential. I'm thinking of doing so on a dip, and am almost considering this ($34 - $34 1/4 as a dip). joe

To: Barkat who wrote (23228)	10/26/1998 10:39:00 PM
From: miklosh	Read Replies (2) \| Respond to of 45548

Hi Barkat. <miklosh, I got $1-3/4 for some KG's I sold today> Could you please outline why you chose to sell essentially at the money near term calls as opposed to further out in both time and $. Are you counting on getting called out at expiration, or are you betting that coms will be less than 35 and you'll keep your shares (I assume your calls are covered) and your premium, or, do you intend to buy back the calls before expiration and roll up while holding your shares? regards miklosh