3Com Corporation (COMS) Message Board

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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: russn who wrote (37660)	12/24/1999 7:45:00 PM
From: Mang Cheng	Read Replies (2) of 45548

russn, we had only gone thro' two trading days since a not to compelling earning so there will be some repositioning. Lots of people are holding profit on this stock and we'll have to let them off if they no longer want to play. Nobody would be stupid enough to push the stock up when you know there are lots of people who want to get off. Personally I am basing my overweighted bet on coms right now based on: 1. Wireless Palm V and VII are going to pick up more steam not less this qtr. The ad with that guy floating around with a Palm VII placing trades are on all the time up here - but everytime it is right before a Erectile Disorder ad :-( 2. They hired that Sony guy and pay him hundreds of million options not for without a reason. Sony will do wonder to Palm in the entertainment front, mp3, video etc ... 3. The big four underwritters and the three major private placement purchasers indicated Palm is going to be a big-time player, and they want to dress Palm up that way. I'm not going to bet against these four big underwritters. I think we'll stay around $45 for a few more days with intra-day lower a possibility. Merry Christmas to you and everbody on this thread and have a safe and happy holiday. If you drink don't drive ! Mang

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