3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

0.0%

Dec 18 4:00 PM EST

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To: David E. Taylor who wrote (41410)	3/6/2000 2:59:00 PM
From: djpfive	Read Replies (2) of 45548

Hi folks. I'm much obliged for all your contributions. This is the way I see it. I live in Palo Alto, CA. Seems like everybody here has these gadgets. They're flying off the shelves. I don't actually use one myself, but I'm loaded to the gills with the stock (COMS, that is). But more importantly... It seems to me there should be little or no discount applied to 3Com. The only thing that is slated to happen in six months is that 3Com shareholders get their interest in Palm severed from their interest in 3Com. Even if the distribution doesn't happen, the Palm shares are in the 3Com treasury, and the profit on those shares goes to 3Com's bottom line. You don't own Palm any less now than you will in six months--the only difference is that at that time you can sell one and keep the other if you want. Is there any problem with that reasoning? It seems to me that today Mr. Market is offering us the opportunity to buy Palm at a price below the IPO price. Is there any reason I shouldn't add to my position (other than the fact that COMS is now 1/6 of my porfolio)?

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