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


To: The Phoenix who wrote (40522)3/1/2000 3:05:00 PM
From: S. M. SAIFEE  Respond to of 45548
 
I am not sure you would do this if you were a long term investor in COMS but may be some Institutions are becoming
likes of day trader junkies and needs instant gratification by playing on PALM IPO. They might be buying for last few weeks and sold out now to buy PALM...Long term COMS should be turn around candidate and PALM is just icing on the cake or vice versa. After all COMS have plenty of cash as such and additional cash would boost R&D big time in PALM to keep ahead of competition. This is going to again feed itself..
Any way COMS magmt deserves a lot of credit to leverage their success in PALM so brilliantly by lining backers of AOL, MOT, NOKIA etc.