3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Nov 7 11:47 AM EST

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To: FNS who wrote (38898)	2/4/2000 10:17:00 AM
From: The Phoenix	Read Replies (3) of 45548

FNS, First let me go on record as saying that I think you're absolutely right... about.. Basically, he's protecting his a$$, and rightfully so! I think if COMS sans Palm can survive and show increased rev in 1-2 QTRS then EB will distribute Palm shares...if COMS can't pull off a solo flight then EB holds PALM---simple as that!!! As long as COMS alone is viewed as a sinking ship, Palm stays on board! When COMS can fly SOLO, PALM shares will be distributed and BOTH PALM and COMS will fly! The only thing I'd add is that if EB can't get the COMS business off the ground that the PALM holding makes a purchase more attractive. And if COMS is purchased the suitor may indeed not want to let the PALM shares go. He protects that possibility as well. Second... on a TA note. Did you notice all the air under this pup. No support all the way to 46. 45 (which I don't expect us to see again would be a very bad sign... but either way there's lots of room to move around between here and there. COMS needs to work a base in here. A pull back to 54 would be very healthy. OG

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