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


To: David E. Taylor who wrote (43400)6/4/2000 12:56:00 PM
From: Mang Cheng  Read Replies (1) | Respond to of 45548
 
David, I think you have a very good point re: privatization. With 3 billions in cash and ST investment, and with coms at $10, and with employee owning 30% of the company already, the employees and management can take a line of credit and just go out and buy the whole company literally for nothing !!! Then they can turn around and split the company into ten different companies and ipo them one by one again !

But I think the market should be more efficient than that. I think coms-alone value should start to go up after this month earning. Luckily we have a better market environment now that I think the coms/palm combo will go to quite high level after earning if earnings are ok. The revenue figure of Palm is vital this month.

Mang