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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST
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To: Mehrdad Arya who wrote (38841)2/3/2000 12:26:00 PM
From: Mac S. Giballa  Read Replies (1) of 45548
 
COMS should run up with little pause prior to 2/28, simply because no one wants to sell before the IPO. I own 975 mostly through USRX, and am sitting on the shares for now.
However, I think the Palm IPO will surprise by its lack of performance. Although its a great brand and product, and the float will be razor thin, it's simply too large a market cap at its outset to really fly. I think they'll rpobably raise the IPO price a bit, then it'll trade up to around $30 the first day- but mark my words, this will not be a skyrocket IPO.
Since there's so much expectation that's being built into COMS stock now, I now believe that the time to unload COMS will be 2/27.

Mac
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