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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001700.0%Feb 6 9:30 AM EST

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To: Captain Jack who wrote (33938)9/13/1999 5:09:00 PM
From: KyrosL  Read Replies (3) of 45548
 
I agree this is huge. The best possible scenario for COMS shareholders, provided the stock market holds together until the IPO and distribution of Palm shares.

As far as wall street reaction, I would not expect WS to digest the news for a while. The problem is that there are no hard numbers from respectable official WS sources -- I have numbers, but they are not very respectable <g>. The only number I keep hearing and reading about is that "Palm accounts for only 10% of COMS revenues", a highly misleading statement that obscures the spectacular growth in both Palm sales and profits.

My guess is that after the earnings are released and Palm numbers separated out, WS will start figuring out what Palm is worth. A few days after that, the recommendations and upgrades will start in earnest and the stock will take off.
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