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

To: VinWood who wrote (42960)	4/25/2000 2:48:00 PM
From: W.F.Rakecky	Read Replies (1) \| Respond to of 45548

Does Palm have a pending deal with UPS.??? Had lunch with a beverage salesman here in Michigan and he is awaiting the delivery of his Palm. Said it would eliminate his order book. Also related that the big hold-up with the delivery was that UPS had a big order for PALM. Can anybody confirm or deny???????

To: VinWood who wrote (42960)	4/25/2000 2:58:00 PM
From: Andre Williamson	Read Replies (1) \| Respond to of 45548

MO: 1st - anyone who has bought Palm instead of COMS deserves any losses they've had so far. 2nd - the IPO wasn't a fiasco, it was a SCREAMING success. It raised over a billion (with a B!) dollars. Much of that can go out to building the business. 3rd - time horizon - don't invest what you can't afford to lose, and give the company a little more time, for goodness sake. Palm is in a very sweet spot: high profile, high growth. Palm is the "Kleenex" of PDAs. 4th - I thought it was an established fact that the average IPO is a money loser for retail investors. I don't see why Palm following this pattern (however temporarily) should be cause for complaint. 5th - To answer your question more specifically, as we approach the Palm dividend date, the Palm/COMS valuation gap (based on the 1.5 shares of Palm contained within COMS) has to narrow. Assuming the spinoff takes place as planned, therefore, then shorting Palm and buying COMS at anywhere near today's prices is a guaranteed moneymaker (and a good one!). I would hate to position myself on the opposite side of this arbitrage play (i.e., being long Palm leading up to the spinoff). Better to be long COMS. Andre