3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

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Jan 16 9:30 AM EST

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To: Cloudy who wrote (38712)	1/31/2000 9:04:00 PM
From: Mang Cheng	Read Replies (2) of 45548

I used to have quite a bit of respect for Mr. Stix but once he downgraded coms at $22 ealier last year I knew he is just one of those jokers ! Stix is predicting that Palm alone will go to high of $42 but he is advising people to dump coms/Palm at high of $65, does that make sense ? If Palm is selling at $42 so Palm alone is worth $42 x 1.5 = $63, so Stix thinks coms is only worth $2 ? There are still too many unknowns for us to formulate a strategy on what to do two weeks after ipo - it all depends on how much it goes up at ipo. The final ipo pricing is the key here. 724 Solution has less than 1 millions (yes million) in revenue and has a market cap of 2.4 billions for a price-to-sales ratio of 860 (this is from Yahoo but the psr seems to be even higher than that) two days after ipo ! How far Palm can go is anybody guess. If in doubt, I'd rather hold since this could be the opportunity of our lifetime. Mang

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