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 2:56:00 PM
From: Allen Furlan	Read Replies (1) of 45548

I was referring to coms possibly reaching 100. Isn't it frightening to think that markets are driven by the hot story of the day. I keep asking myself why the FED doesn't use their bully pulpit to get corporations to act with the best interest of their company's financial health rather than the short term stock performance. A much higher price and a much larger initial offering would certainly hold down the market price of palm and hence coms, but the result would be a much larger cash infusion into coms and a much sounder business strategy. If tax considerations interfere with this strategy the FED should get corrective legislation.

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