SI
SI
discoversearch

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: Robohogs who wrote (43241)5/13/2000 7:23:00 PM
From: KevRupert  Read Replies (2) | Respond to of 45548
 
David E. Taylor & everyone,

Thanks for all of your insightful analysis on the stock & arbitrage possibilities!

For those of us who want the Palm shares, holding onto Coms will be interesting in the next few weeks!

I really can't see any reason why Palm shouldn't continue to fall into the mid-teens before July. Nobody with any knowledge of the situation has any reason to purchase Palm right now. Coms offers a better value, with only a 2 month wait for the spinoff. If nobody buys Palm, then more downside on Coms. Never ending cycle until the end of July.

The bottom line, in my opinion, is Goldman decided to offer only 4-5% of Palm in the IPO. That has caused this situation. That is a key issue that has been addressed in the WSJ, but not enough by individual investors. If another strategy had been implemented (i.e., more shares of Palm in the IPO process), then the negative ramifications of the pending Palm spinoff would not exist.

Thanks again.

Just my opinion,

Respectfully, advalorem