3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00150

-28.6%

Dec 11 9:30 AM EST

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To: Tumbleweed who wrote (39810)	2/24/2000 1:56:00 PM
From: Mac S. Giballa	Read Replies (4) of 45548

I predicted three weeks ago that COMS would go straight up to $85 by IPO day, and it looks that I'm right. There's simply no reason for anyone to sell prior to IPO day. However, I plan to sell the day before the IPO. I've held COMS at an average price of $35, and its time to cash out. I honestly believe the IPO will be a dissapointment. This is not going to be one of those up $120 initial trade days, rather I think a closing price near $25-$30 is likely, and that COMS will immediately get discounted. Although we're all trying to be upbeat about post-Palm COMS, the company still looks like its in rotten shape without the jewel.

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