Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: djpfive who wrote (41416)	3/6/2000 3:35:00 PM
From: sunfish	Read Replies (2) \| Respond to of 45548

It seems to me there should be little or no discount applied to 3Com. The only thing that is slated to happen in six months is that 3Com shareholders get their interest in Palm severed Look at LU, they are going to divest their slower growing businesses and their stock shoots up. Same thing here, COMS, though perhaps a good company in its own right, is a millstone around the neck of PALM because COMS + PALM cannot achieve the same high rate of growth. If PALM isn't distributed, the interest in COMS (with PALM inside) will be much less than the interest in PALM alone. Hence PALM can command a much higher P/E as a standalone and the sum of the parts IS greater than the whole in this case.