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

To: The Phoenix who wrote (34123)9/15/1999 2:41:00 PM
From: KyrosL  Respond to of 45548
 
Is it better to hold COMS to get PALM shares or to buy them at the IPO. What's the benefit to holding COMS?

My assessment of Palm potential capitalization at the end of the IPO day or shortly thereafter is $10 billion. The current market value of COMS is $10 billion. By buying COMS now, you get the rest of COMS essentially for free -- that includes $2.7 billion in cash and investments, by the way, in case you come back with the refrain "but COMS is worthless" <g>.


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