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


To: Tim McGee who wrote (40041)2/28/2000 8:14:00 AM
From: Captain Jack  Respond to of 45548
 
Tim..that is true but expect most here to take substancial portion of profits in the first week,, other factors will also contribute but much less during first days..



To: Tim McGee who wrote (40041)2/28/2000 10:06:00 AM
From: gfr fan  Read Replies (1) | Respond to of 45548
 
<<Palm will reach absurd prices in the first few days/weeks/months of the IPO, but the Arb % on COMS will grow the more absurd the price gets>>

Tim, agreed. I think PALM could reach $100, based on what other tech IPOs have done in the past six months. Huge market cap, but it's rational by the irrational numbers given others.

PALM at $100 would mean COMS fair value around $175 (valuing COMS as $25), but COMS would probably be south of this - around $125.

If PALM tracks like a tech start-up IPO, big numbers will be achieved. If it goes out like a big market cap mature business, like UPS, lots will be disappointed.