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

To: American Spirit who wrote (30073)	4/25/1999 11:22:00 PM
From: ed	Read Replies (2) \| Respond to of 45548

I am afraid this time the rumor is not a rumor, but pure fact. Why ? As you know the Cal Tech news letter released the buy out speculation on Wednesday, while the trading on Thursday did not response to the buy out speculation , and the stock actually went down on Thursday. on Friday, COMS just went through a regular trading till 10 AM , when the volume and price suddenly surge huge. If Friday's surge was purely based on the buy out speculation, then why it did not happen on Thursday, or at the open of Friday ? Someone got the buy out news confirmed at 10 AM of Friday, and the action started. So, at this point , the buyout is already a done deal, and just wait to be announced. Secondly, as you know the institutions will not hold the stock through the weekend if they are not 100% sure the buyout is a done deal, because , the stock price will generally pull back big the next Monday if the rumor did not turn out to be a fact, so, if this buy out news is not confirmed , the institutions will sell off the stock at the end of Friday, and the price will drop big at the end of the day, but that did not happen either. Thirdly, the trading volume is 34 MM shares , which is 300% of the average volume, and it indicated that something has happened, and it is not just a rumor. Finally, I am sorry to say that the shorts will lose their pants this time , and it will probably happen next week. Blood is on the street for shorts, and once the price start to surge, the loss is unlimited, and no chance to cover at all !!!!!

To: American Spirit who wrote (30073)	4/25/1999 11:38:00 PM
From: Bill Coenen	Read Replies (1) \| Respond to of 45548

American Spirit, We are of the same mind. Post 30051 says it for us both. There is a significant amount of upside in the stock right now and I hope that those of us who have suffered through the bad times will welcome the astute newcomers whose good fortune it is to join the table for what should be one helluva a meal. Bill

To: American Spirit who wrote (30073)	4/25/1999 11:51:00 PM
From: Stu Bishop	Read Replies (2) \| Respond to of 45548

AS, re: "...my parents broker at Paine Webber was most enthusiastic about COMS and conservative brokers him like rarely recommend out of favor stocks...." Boy, if you're paying attention to what your broker is recommending, you're in a heap of trouble. You may as well just throw your money in your toilet and flush. Unless you are one of their largest accounts, THEY DON'T CARE ABOUT YOU. WAKE UP, BEFORE YOU LOSE ALL YOUR INVESTMENTS. PLEASE. Best of luck, you need it. Stu B