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

To: miklosh who wrote (43939)	7/15/2000 8:19:28 AM
From: W.F.Rakecky	Read Replies (1) \| Respond to of 45548

Anybody.....any print in "robber" Barons today????

To: miklosh who wrote (43939)	7/15/2000 8:28:03 AM
From: kcmike	Read Replies (1) \| Respond to of 45548

miklosh, Regarding your comments to mr. mark: <<EB said months ago that the ratio would be 1:1.5, so why has the stock suddenly run up 52% in 12 trading days? Could it be that the street was saying, we'll only believe that number when we see it? If the recent acceleration in $/share was due to the finalization of the split ratio, that does not bode well for the resurrection of EB's credibility>> I understand your frustration with COMS and EB, and have shared those viewpoints at times. However, I am not sure I understand your comments about the run up in COMS being due to sudden realization that the 1/1.484 ratio is now fact. COMS (sans PALM) has run up very little in that time. To use your time frame, PALM was 31.9 on 7/3, and COMS was 45.4. On 7/14, PALM closed at 55.9375 and COMS closed at 73.65. If you apply the 1.484 ratio, then COMS sans PALM has only "run up" less that 2 1/2 points. I hardly call that dramatic, do you? In fact, I would suggest that the run up has little or nothing to do with COMS itself, but instead with the runup in PALM from 31.9 to 45.4. While I agree there is some debate regarding the future of COMS as a separate entity, I do think there is tremendous potential for PALM, and there may even be more runup yet. We can always hope! :>) Good luck in your exit strategy! Mike