COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

0.0%

Nov 7 11:47 AM EST

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To: DMaA who wrote (19984)	2/9/2000 11:19:00 AM
From: Moonray	of 22053

Sure. Some Palm IPO fodder: zdnet.com fnews.yahoo.com yahoo.cnet.com You've mentioned before your intention to sell COMS after the IPO but before the distribution but I missed your reasons. If you care to elaborate, always interested in your opinion. Primary reason: In my experience, IPO's top-out the day of the IPO to several months after the IPO. I believe COMS will peak with the Palm IPO. Distribution of the PALM shares to COMS holders is not until 6 months after the Palm IPO. Reasons to sell COMS: I believe the whole move from 30 in COMS was due to the Palm IPO. Last quarter's COMS earnings were poor, even though they included great results from Palm. It seems to me that without Palm, it will take yet another year before 3COM's earnings become decent. I believe that some institutions have been buying COMS as a cheap way to get PALM shares. I expect some of them to sell (over the next 6 months). If cable modem and DSL do not catch on big-time for COMS, where is the future? As I have said, I expect the PALM IPO at $25, go to $50-$100, at which time I expect to sell. Three years with this COMS management is enough! o~~~ O

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