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

To: MskiHntr who wrote (24824)	11/19/1998 12:08:00 AM
From: joe	Read Replies (2) \| Respond to of 45548

yes, confirms it's no MOM & POP buying. I still don't know why Steve thinks it's smaller options orders, but it was clear from the first 15 minutes that it was hugh orders. Another way to look at it joe, and you should be able to put all your experience into answering this, is why now? You want to buy 5 million shares of COMS, obviously you don't do it in one day if you can? The institutionals have been playing a very smart game of accumulating for months and months. Why are they letting the cat out of the bag now? Some thoughts (I develop a new one by the hour): 1) It's possible that there are still a few rounds of backing and filling that the institutionals know they can get away with. That's because they know the demand queue (who's lined up to buy) a whole lot better than I do. 2) CSCO had a huge run, something's up with CSCO. I'm pretty sure I heard a strong upgrade. CSCO has new business. I can just about feel it. The rate-cut, IMO, has/will probably increase orders, huge contracts, by 10-20%. Heck, it's now starting to be known that ASIA can be made profitable by good companies. Companies like HWP have to be thrown in the trash can, but there are "the new breed" that will dominiate ASIA no matter what happens there. The rate-cuts are now giving opening a huge door for them. 3) Rate-cuts have accelerated the process, especially with CSCO flying up. 4) Options related profits. I don't know enough about this to know how big institutionals can take advantage of options in a large-scale way. But, I don't believe in coicidences. The two major events of today, are rate-cuts and options week (and maybe CSCO upgrade). 5) Buyout...Bullsh!t. IMO, it's a ploy to "manage" the price. We've seen this enough times already. Price always goes down after buyout rumor BS. And if it doesn't, it's be somebody is managing it. 6) Could be shorts (that unbelievably haven't got out yet) were annialated(sp) today. I'm suspicious of this. We'll see what happens tomorrow. best,joe