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

To: The Phoenix who wrote (40347)	2/29/2000 4:06:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 45548

Looks like a close of 98!! Propped for a run at 100+ Sheesh! I never ever dreamed this thing would go this high. Edit: Afterhours ASK is 103... Hmmm.. this wont last... it'll come down but I wouldn't be surprised to see an open above 100

To: The Phoenix who wrote (40347)	2/29/2000 4:09:00 PM
From: KyrosL	Read Replies (1) \| Respond to of 45548

Gary, don't assume that it will not continue, as long as the overall mania continues. The way I see it continuing is for PALM to successfully spin that it is in this wonderful transition from a mostly hardware manufacturer to a software license holder/wireless internet provider. But this transition will require some reasonable time during which PLAM will no longer be profitable (since it will let its licensees build and sell the hardware). Elements of this strategy already exist in the S-1 and have not caused much consternation <g>.

To: The Phoenix who wrote (40347)	2/29/2000 4:52:00 PM
From: Piranha	Respond to of 45548

<< ...does the craze continue post IPO? I guess my position is "I don't think so". >> This was exactly what I was referring to in my profile with respect to AMZN. I didn't think there would be much post-IPO craze surrounding AMZN considering it dropped to nearly half of the IPO day opening price by the time I was looking hard at it. Since there were no short- to medium-term profit prospects, I very sanely thought it would have either floundered around that price or gone down even further. Instead, it defied all logic and I missed out on what is currently a FORTY-FIVE-BAGGER, and has been as much as a SEVENTY-THREE-BAGGER. On a company that has yet to even show a profit. PALM has to be as, if not more, highly-anticipated as AMZN was, not to mention the fact that it is already profitable. Basically, the future prospects of COMS/PALM boil down to being anyone's guess. I have the advantage of being long COMS since 24, so I have no downside by staying long, which tempers my perspective a bit. Regardless, I missed out on AMZN and don't intend to miss this kind of opportunity more than once. Piranha