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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130+1,200.1%Nov 7 11:47 AM EST
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To: Captain Jack who wrote (40458)3/1/2000 12:49:00 PM
From: David E. Taylor  Read Replies (2) of 45548
 
Jack:

Look at the three rinky dink IPO's from yesterday -
NIKU (BTB software), NTGX (BTC software),
and AVEA (internet advertising consulting).

Initial Revised Final Open Today
Pricing Pricing Pricing
AVEA 9 19 24 72 66
NTGX 12 15 18 54 56
NIKU 11 21 24 64 69

If we follow this pattern, final pricing will be
40+ (95+ plus on COMS), and PALM will open 100+ tomorrow.
Then all hell will break loose as people try to figure out
whether to jump into PALM, or take the arb spread (if it's
large, say 40%+) for a day or two and buy COMS.

That was some shake out this morning. Shook me loose from
50% of my March 80's/90's, but then reason took hold again
and I bought most of them back. Managed to lock in
100% gain (same as if I bought the stock in the 50's), and
leave free cost basis in the rest. But that was some ride,
and is just a taste of what tomorrow will bring.

Good luck to all.

David T.
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