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

To: JakeStraw who wrote (30428)	4/30/1999 12:53:00 PM
From: eik	Respond to of 45548

Thomson I-Watch Mid-day Update www.thomsonrtq.com 12:13 pm COMS Networking&Communication Devices - Technology 11:12 AM Shares of 3Com are up $1 1/16 to $26 5/8 as technology stocks post a strong recovery. Block volume for 3Com is at typical levels with approximately 25% of total volume resulting from block trades. The stock's I-Watch chart shows there is a solid amount of investors looking to sell into today's rise with several institutional brokers offering block of stock for sale in the pre-trade market. While rumors of a pending takeover of COMS have fizzled, the stock has managed to maintain many of the takeover related gains suggesting many investors are still holding out on hopes that COMS will be acquired. Takeover speculation often attracts investors with a higher risk profiles, such as hedge fund managers, which often leads to increased volatility for a stock.