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


To: KyrosL who wrote (34841)10/6/1999 8:48:00 AM
From: KyrosL  Respond to of 45548
 
STOCKWATCH/ Psion shares soar on 3Com licencee talk

[If true, this could be a nice pre-emptive move against future Psion competion in the US, and a way to gain entry into world markets for Palm hardware/portal. Kyros]

LONDON, AFX via NewsEdge Corporation : Shares in Psion PLC were sharply higher by midday on speculation that its Symbian venture is set to announce a major new licencee for its core EPOC operating system, dealers said.

That new licencee is thought to be 3Com Corp -- manufacturer of the Palm Pilot machines, they said.

Symbian was set up by Psion last year to develop the operating system for next generation mobile phones and handheld devices. It is 28.1 pct held by Psion, with Ericsson, Nokia and Motorola each holding 21 pct and with Matsushita having an 8.8 pct stake.

At 12:10 PM, shares in the handheld computer manufacturer were up 145 pence, or 14.36 pct, at 1,155 pence -- the highest climber in the FTSE 250 index.

Psion was not immediately available for comment.



To: KyrosL who wrote (34841)10/6/1999 9:21:00 AM
From: Mehrdad Arya  Read Replies (1) | Respond to of 45548
 
Kyros, I have in the case of 3Com put all my eggs in one basket, with the exception of 5500 shares of QWST. In this baby I have a concentrated position. The old cliche, "don't put all your eggs in one basket," is true if you are ignorant of what you are doing, but this stock is not just undervalued it is unbelievably undervalued.

If anyone does their proper due diligence and calculus on this stock they will see the cogency in the results.