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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (33894)9/13/1999 11:19:00 AM
From: KyrosL  Read Replies (1) | Respond to of 45548
 
Gary, my humble opinion is that selling your shares this morning, expecting to get back in at 25 was a mistake. I doubt we will ever see 25 or for that matter 26 for COMS (soon to be COMS+PALM).

I expect that starting with this quarter's earnings Palm results will be shown separately in preparation for the IPO. No matter what the rest of COMS does, people will be focusing on Palm. Palm sales are apparently exceeding even the most optimistic projections. You don't need to be a rocket scientist to figure that -- just check out the top retail web sites. Palm will be valued on its own merits: consistent 100%+ growth accompanied by great earnings and a good prospect of becoming the wireless AOL via palm.net -- and revenues and earnings for that venture are not even going to roll in until later this year.