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


To: Mang Cheng who wrote (37006)12/13/1999 9:05:00 PM
From: KyrosL  Respond to of 45548
 
The offering price of all interesting recent IPOs ended up being at least double the original estimate -- this will put the Palm offering valuation at $10 Billion. Assuming, conservatively, a doubling shortly after the IPO, we get a valuation of $20 Billion, or $50+ per COMS share. I expect $60 per COMS share before year end.