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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (19396)	9/13/1999 9:50:00 AM
From: Moonray	Read Replies (1) \| Respond to of 22053

Well, that would depend on whether anyone was interested in COMS before. Certainly spinning off the largest growth sector does not enhance the value of the remaining 3COM, to me. So your theory is that this move is less than a zero sum game? o~~~ O

To: DMaA who wrote (19396)	9/13/1999 11:12:00 AM
From: Scrapps	Respond to of 22053

Spinning off Palm isn't real new NEWS, but it does make possible a good new growth stock for one's portfolio. As long as Eric stays with COMS. Now if they'd just turn loose of the Robot...then we'd all have USRX in the PALM of our hand. <G>

To: DMaA who wrote (19396)	9/14/1999 10:13:00 AM
From: Moonray	Read Replies (1) \| Respond to of 22053

Morgan sees less than a zero sum game: RESEARCH ALERT- 3Com<COMS.O>cut to market performer NEW YORK, Sept 14 (Reuters) - J.P. Morgan said on Tuesday it cut its rating on 3Com Corp. to market performer from buy. On Monday, 3Com announced it plans to spin off its fastest growing unit, Palm Computing, maker of the world's best-selling line of handheld computers. -- J.P. Morgan said, "This is a positive move for the company as it attempts to drive value from its three business groups (Handheld Devices, Network Systems and Personal Connectivity). That said, the company's remaining business (Network Systems and Personal Connectivity) will lack any significant growth drivers for the foreseeable future." -- "We believe that the move to spin off Palm Pilot takes a lot of mystery, and potential upside, out of 3Com's stock." -- "Essentially, 3Com is counting on the broadband access portion (i.e., cable modems and xDSL products) of its Network Systems group to drive future growth, which represents only a few percent of current sales and is not enough to offset declining revenue and income from its Personal Connectivity business." ((--Wall Street Desk, 212-859-1730)) REUTERS Rtr 09:38 09-14-99 o~~~ O