3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Dec 18 4:00 PM EST

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To: Robert Griffin Gregory who wrote (43138)	5/9/2000 9:32:00 AM
From: David E. Taylor	Read Replies (3) of 45548

Griff: FWIW, I'm in a similar position, 1/3 COMS bought around $70 during the initial decline after the IPO (premature), 2/3 bought around $45 recently (smarter). IMO, holding in to all the COMS until D-Day is a no-brainer, if you have any belief in PALM's future in the wireless connectivity market. PALM will find it's own market level once it's freed from this artificial arbitrage tie, smarter people than you and I (like NOK/MOT/AOL et al) figured $38 was a fair price to pay for PALM. PALM at $38, with around $20-$25 for the residual COMS ($15/share in cash) would give you $77 to $82 for your present COMS. Holding COMS after D-Day is a tougher call, most people (me included) have said they have no intent to hold COMS after D-Day, but the COMS buy back adds another dynamic to that part of the spin off. David T.

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