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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 29 9:30 AM EST

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To: XBrit who wrote (44102)7/21/2000 7:32:40 AM
From: David E. Taylor  Read Replies (4) of 45548
 
Julius:

"PALM-lovers" have been selling their COMSV for the last 8 trading sessions - around 26 million so far, at prices from $14.5 down to $12. While there may well be a lot of holders PALM loving COMS holders who don't know they can sell the COMS part right now, it's also possible that, with another 5 days to go, the majority will have already sold by 7/28.

S&P index funds reportedly only hold 27 million COMS, so that also may not be much of a drag.

My perspective is probably clouded by the fact that I'd like a profit on the COMSV I bought at 12 1/4, but I don't see COMS selling down to the $10 level after 7/27.

JMO.

David T.
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