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

To: STEVE who wrote (39390)	2/16/2000 2:09:00 PM
From: Danny	Read Replies (1) \| Respond to of 45548

Steve: It's clear that the street is betting on PALM shares opens at stays at mid 30 level at this point (assume of course, COMS would eventually go back to mid 20 level after spin-off). The reason we are not at 100 at this point is that there is always a risk for PALM to 1:) delay its IPO due to market condition. 2:) Not doing that well after IPO. As we getting closer to the IPO date and 2-3 weeks right after IPO, expect high volatility on COMS. In a sense, this is traded like an IPO stock, ie, it could gain 30% or lose 30% at any given day. I will hold my COMS just for the sake of long term potential of PALM. If you look at last year's good IPOs like JNPR (which I have hold since it first day) and SCMR, they all went through a crazy up-and-down period, but in the end, they are all siginificantly higher!

To: STEVE who wrote (39390)	2/16/2000 2:46:00 PM
From: FNS	Read Replies (1) \| Respond to of 45548

Steve: <<Now I'd like some feedback on why it is not worth over 100, which is my new target.>> Show me your numbers...then add in the pendulum factor of fear and greed!....COMS first level resistance of 71 was cut thru like hot butter knife...now old highs of 82-83 approaching. On the other hand, Dorsey is saying stock too extended...??? but doesn't factor in PALM spin! However, previous post showing "BUY" rec w/$95 target may not be far fetched....now all to do with Analyst perception and PALM spin price/acceptance...plus potential Apple pda/palm os! Looking good! FNS