3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.0001000

0.0%

Jan 23 9:30 AM EST

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To: Mort who wrote (42948)	4/22/2000 6:31:00 PM
From: John Liu	Read Replies (2) of 45548

Winners Among Losers Keen stockpickers find value even after the rebound By Leslie P. Norton ...Much-maligned 3Com also has its fans, including Ross Margolies, who steers several mutual funds for Salomon Brothers Asset Management. 3Com owns 95% of Palm, the leading maker of hand-held devices, and plans to distribute that stake to shareholders in August. After a spectacular IPO, Palm has plunged 70%. As Margolies sees it, each share of 3Com owns 1.5 shares of Palm, worth roughly $48 at Palm's recent price of 32. 3Com also has cash and securities worth $26, adding up to $74. Yet 3Com changed hands last week at 40. Says Margolies: "This trade works all the way down to Palm at 11."...

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