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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: David E. Taylor who wrote (43237)5/13/2000 3:50:00 PM
From: shrpblnd  Read Replies (2) of 45548
 
David T,

As always your analysis gives me much to think about. Clearly, the arb gap will continue to decrease between now and 7/11. In one post you say, "I'm inclined to think that we may see some further decline in PALM (maybe to as low as $20) over the next couple of weeks," but the next post you say, "I have the feeling that the drop from 32 to 25 in PALM has us either at or close to a bottom."

My thoughts are that PALM will not decline much more. I am beginning to think it has already been priced into the market that all these PALM shares will hit. All the people that bought at inflated prices having already been badly burned and people holding now see the value. Also, aren't most of the people who own COMS, owning it for the PALM shares? Why would they dump them immediately after the distribution?

-SharpBlond
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