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


To: Don who wrote (40876)3/2/2000 1:28:00 PM
From: kcmike  Respond to of 45548
 
<<PALM had a nice bottom and is creeping up. If it holds above 100 today, do most feel as I do that COMS must trade above 120 (includes a 30% discount) very soon (tomorrow)?>>

I'd like to think so, but unfortunately for my March calls, I think it may take a month or two or three before the dust settles.

I sure hope you are right though!



To: Don who wrote (40876)3/2/2000 1:33:00 PM
From: djpfive  Read Replies (3) | Respond to of 45548
 
PALM had a nice bottom and is creeping up. If it holds above 100 today, do most feel as I do that COMS must trade above 120 (includes a 30% discount) very soon (tomorrow)?

I agree COMS should trade higher, if the market were rational. But there are so many people in the market that don't understand how to think about COMS, and this misunderstanding is aided by all the commentary on CNBC, where they keep talking about COMS as if it were already standing alone.

I think even a 30 percent discount is too much. Buying COMS now (86 to 105) is getting PALM at a tremendous discount. I'm adding to my position here.



To: Don who wrote (40876)3/2/2000 1:40:00 PM
From: mr.mark  Read Replies (1) | Respond to of 45548
 
your reasoning is sound, imo. and such cruel irony in the markets, eh?

but the fact should remain that if it all sounded like a great idea this morning, then it will in fact be a great idea as time goes by. having confidence in a plan is helpful at a time like this.