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


To: Souze who wrote (38838)2/3/2000 12:12:00 PM
From: Tumbleweed  Respond to of 45548
 
Going out on a limb. Not!

Anybody else think this guy needs a serious talking to?
and a "x2" function on his calculator?

SG Cowen analyst Chris Stix told clients that, based on a likely post-pricing valuation of $36 to $42 for Palm, representing a valuation of $56 to $62 for 3Com, he was raising his recommendation on 3Com to "buy" from "neutral" and setting a $60 12-month price target for the company's shares.


I'll bet he has some wild parties.

Joe



To: Souze who wrote (38838)2/3/2000 12:12:00 PM
From: mr.mark  Respond to of 45548
 
definitely the obstacle, as i see it. but that particular uncertainty might well be counterbalanced by getting both COMS and PALM for the price. see what i mean?

i have to believe that the two are going to be awfully close in price. no matter how it gets sliced and diced, one keeps coming back to the 1 to 1 (or whatever) distribution ratio.

otoh, i see the 6-9 month wait for shares as an obstacle to keeping the two stock's prices the same.

thanks for your thoughts, souze

:)

mark



To: Souze who wrote (38838)2/3/2000 12:27:00 PM
From: dav  Read Replies (1) | Respond to of 45548
 
Isn't it that ALL the remaining numberof shares will be distributed to the shareholders at the time of spin off ? that's my understanding.

I doubt PALM will trade at $100 before spin off. that means COMS will trade at $140 ? not possible.

eom