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


To: Luke who wrote (41649)3/11/2000 12:07:00 PM
From: Mehrdad Arya  Read Replies (1) | Respond to of 45548
 
Luke, don't you see the shorts ulterior motives, they want you and the rest of the public to dump your shares so they can profit and eventually buy into this at a cheaper price. It is so obvious that I am dumbfounded on how humans resemble cows. They should teach this in college as "The Psychology in Investing," or 101 in Investment Psychology.

Just look at the facts, the institutions are loading up while they take advantage of the FUD promulgated from the IPO and its distribution. They know that the 'hired gun,' Golman Sacks, Merrill Lynch, Morgan Stanley Dean Witter and Robertson Stevens are not allowed to talk because of the gag period associated with IPO's and the company can't talk because of the quiet period associated with the earnings release. Couple this with the MM's trying to profit from the 10 million shares associated with the March options over $70. Now do you understand the cause and intent of last weeks Bearishness. It has nothing to do with fundamentals.



To: Luke who wrote (41649)3/11/2000 12:35:00 PM
From: David E. Taylor  Respond to of 45548
 
Luke:

There won't be a tax consequence. The IRS ruling is a formality, as I've posted here at least three times previously. The PALM registration statement language is legal boiler plate and appears in every similar S-1 I've read. The distribution will get done, it will get done by 12/1/00 at the latest and probably in August sometime.

The real Q's are, will the distribution ratio still be 1.5 by then, and what will PALM's price be?

The answer to the first Q is "yes" as long as EB doesn't go on a buying spree using COMS/PALM stock as currency.

The answer to the second Q is another Q: If I were a PALM shareholder as D-Day approached, wouldn't I be inclined to sell to lock in my profits, wait for the inevitable decline when COMS shareholders get their 532 million PALM shares, and buy PALM back later for less than I sold it?

JMO.

David T.