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


To: Steve Porter who wrote (24781)11/18/1998 5:44:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


Steve,

>>If you look at the trading, while there was a lot of volume, they were all tiny trades (at least in coms anyway) The average trade
size was only 1,076? (give or take) shares.. <<

Where are you getting these number from? I think today's
buying wasn't MOM & POP as "Other Joe" likes to say.

quote.yahoo.com

>>This is people fooling around with the stock for options more than
anything.<<

I suspect it's *institutional money* fooling around with the stock
for options.

---------------------------------------------------------------
In the morning the options activity was *much* different than
in the last 2-3 hours. I specifically checked this when I
sold my shares. I **would not** have sold my shares if I had
seen higher activity, because I would have assumed the stock
to go up due to options speculation, and just let it ride some
more.
---------------------------------------------------------------

That's what makes trading COMS hard. You can't predict accurately
what it will do. It surprises and acts as if it's purposely going against your intuition, which makes me strongly suspect this is NOT
A COINCIDENT.

joe