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To: kcmike who wrote (40616)3/1/2000 9:29:00 PM
From: serious_stuff  Read Replies (1) | Respond to of 45548
 
Palm tom'w: Virtually every other two-bit IPO has tripled over the last couple of weeks. Why would we think that Palm, with a billion-dollar run rate, profits, an ubelievably dominant market position, and a business that is at the intersection of what are the two hottest tech sectors (wireless and Net) would be anything BUT a triple or better.

I think the smart money is saying this is an easy triple (ie, > $110). Given the confluence of the factors listed above, the possibility of a close in the 200-300 range or better is quite real.

And given that Goldman and MSDW are going to have close to a billion dollars riding on the green shoe (3.45 mm shares), we can expect very strong aftermarket support for the next several months.

This is looking good. Very good.