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


To: VinWood who wrote (44151)7/25/2000 10:44:06 AM
From: David E. Taylor  Read Replies (1) | Respond to of 45548
 
VinWood:

Yes, it looks as if the MM (read "Myopic Market") has begun to focus on how cheap COMSV is, and it looks like it's going to get into the lower end of my $15 to $20 target range before Friday. At the same time, PALMV and PALM have closed to within $0.25 or so, and PALM appears to be under some pressure - maybe just weak market generally, or maybe the market is holding off expecting a sell off after Thursday.

Right now, the trends in COMSV and PALMV are just counter-balancing each other. I'd like to see some strength in PALM, but my feeling is that we won't see that until after D-Day when PALM presumably has a bunch of "good" news - including new product offerings - to release.

David T.