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

To: Tim McGee who wrote (43682)	7/3/2000 9:34:03 PM
From: David E. Taylor	Read Replies (1) \| Respond to of 45548

Tim: Similar to yours. Hold on to PALM after I get it 7/27, if there's a short term spike due to the distribution (a la HWP/A) I may sell, but I will surely buy back at the first opportunity. I believe the forward guidance of $2 billion revenues is conservative (given Bruner's track record thus far), and will be easily exceeded. I wouldn't be at all surprised if PALM isn't one of the "must own" tech stocks a couple of years from now. PALM is well on the way to showing that the cellular phone/PDA market is one huge market in which PALM will take its share, and not a segmented huge cell phone market and a much smaller PDA market, as the skeptics have tried to make it out to be. For COMS, I'll be watching COMSv when it starts trading this Friday, but I won't sell under book value which is around $15. Over $20 and I'm gone, since I don't believe the street will cut EB & Co. any slack until revenue growth is demonstrated Q/Q as promised by Claflin, and that's 3 to 4 Q's away. COMS will be dead (though safe) money. OTOH if it sells down to around $10 it would be a good buy for a short term pop to $15/$20, if you aren't already holding it to get PALM. JMO, others will have different takes on COMS I'm sure. David T.