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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: David E. Taylor who wrote (40611)3/1/2000 9:27:00 PM
From: Z268  Read Replies (4) of 45548
 
David,

Seems to me that one of Goldman's key objectives has to be to make this one of their most successful IPOs.

If I look at recent hi-tech IPOs, anything less than double the IPO price on day one will be seen as "not stellar". Most of the more successful ones have finished day one at 3 to 5 times the IPO price.

So I would guess that PALM will hit 3x38 at some point during the day. With no discount and assuming COMS sans PALM at 20 (conservative), this equates to COMS hitting 191 at some point during the day.

Thoughts anyone?

Steve
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