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


To: Grislee bear who wrote (39750)2/23/2000 6:26:00 PM
From: Mang Cheng  Respond to of 45548
 
GB, with coms today at $78, the market is evaluating the Palm ipo to be around $24.

For assumption, I have upped my coms-minus-palm price to be around $42 since cs is $36. So

78 - 42 = $36 which means $24 per Palm share.

Which is still way too low. Many posters here do not understand that the price of coms is actually not spiking upward unreasonably, it's just constantly chasing the value of coms + Palm and is still being left behind puffing.

As of last Friday I was still buying. I'll buy again today if I have more money but I have no more. I don't want to use the constantly expanding margin from coms to buy more coms - that would be too risky - even to me! <G>

Mang