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


To: Cloudy who wrote (38712)1/31/2000 8:37:00 PM
From: mr.mark  Respond to of 45548
 
sure reads like he's saying to get out of the stock in either of those two cases.



To: Cloudy who wrote (38712)1/31/2000 8:51:00 PM
From: Alski  Read Replies (1) | Respond to of 45548
 
Cloudy,
I think that "run, don't walk," comment is pretty clear, as in "take the money and run." It's just really hard for a lot of analysts to use that 4 letter word that starts with an s and ends in ell. Stix upgraded COMS to a buy; but clearly as a short term scalp, not an investment.
IMO...Alski



To: Cloudy who wrote (38712)1/31/2000 9:04:00 PM
From: Mang Cheng  Read Replies (2) | Respond to of 45548
 
I used to have quite a bit of respect for Mr. Stix but once he downgraded coms at $22 ealier last year I knew he is just one of those jokers ! Stix is predicting that Palm alone will go to high of $42 but he is advising people to dump coms/Palm at high of $65, does that make sense ? If Palm is selling at $42 so Palm alone is worth $42 x 1.5 = $63, so Stix thinks coms is only worth $2 ?

There are still too many unknowns for us to formulate a strategy on what to do two weeks after ipo - it all depends on how much it goes up at ipo. The final ipo pricing is the key here.

724 Solution has less than 1 millions (yes million) in revenue and has a market cap of 2.4 billions for a price-to-sales ratio of 860 (this is from Yahoo but the psr seems to be even higher than that) two days after ipo ! How far Palm can go is anybody guess. If in doubt, I'd rather hold since this could be the opportunity of our lifetime.

Mang