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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: The Phoenix who wrote (34254)9/19/1999 11:43:00 AM
From: Captain Jack  Read Replies (1) of 45548
 
Gary--- I bailed most of it also but will keep a bit for the buyout I think will come, they are a bit greedy and know they must sell as they are not capable of running the company or it would not be priced where it is.. at some point they will have all the options that makes sense prior to demise and the sell will happen at a nice premium,, but each mistake makes the premium smaller. in other words when they think holding for more shares is not benificial to them and that time is now. The numbers should be OK on Tues and the price will drop as the growth in anything except palm will not be outstanding,,, palm will do fine in the short term but may not be what is expected when coms holders are able to bail,, they will bail in disappointment and the effect will be farther erosion,,, there is so little positive that they must sell,,, hold a little after the Wed drop would be my suggestion,,,
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