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: chenys who wrote (23710)	11/1/1998 1:10:00 AM
From: joe	Respond to of 45548

q: >>8.8M shares short interest out of 350M outstanding is a drop in the bucket.<< Yes, but we aren't dealing with 350M shares in the trading world. The float is what counts. AND what most investors can't see is that COMS has been accumulated to death, and totally controlled by institutions and Market Makers. Bargain time is closing up soon. Pretty soon, investors will have to pay an arm and a leg for this stock, and everybody won't be able to live without having it in their portfolio. >>But new shorts must have come in,<< This is true. What will be quiet nice is that there are a lot of knuckleheads who still think of COMS as a ding-bat/loser/low-margin modem company which is way behind CSCO, LU, etc. These folks will start shorting more pretty soon. They can't believe the stock deserves to go up so fast. I've heard this from some very intelligent people even.<G> Just be patient, and you will see<G> Of course, JMO. joe