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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: STEVE who wrote (38563)1/29/2000 2:31:00 AM
From: Mang Cheng  Read Replies (1) of 45548
 
<why coms is not now worth at least $70. >

Steve, coms is worth at least $50 ( on the low end of the pricing) now and easily worth your estimate of $70 if the price double as ipo time comes. coms price in the last few weeks had actually been quite efficient in discounting what happened after market today. Now with most of the numbers fixed and base-line of pricing established, going forward the market will be able to discount for any future upside pricing potentials.

I fully expect the pricing to at least double at actual ipo time. We have the four most reputable ipo spin artists working for us and the Palm ipo is destined to be the main event of the year 2000.

Mang
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