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: Jon K. who wrote (30112)4/26/1999 1:11:00 AM
From: puborectalis  Respond to of 45548
 
www1.zacks.com



To: Jon K. who wrote (30112)4/26/1999 4:28:00 PM
From: Jon K.  Read Replies (1) | Respond to of 45548
 
Stu, here is the reason why you will get your money back (your cost $50) but most likely won't see any profit.

For now, FORE is the closest thing that will give us some indication of COMS takeover deals.

Fore went up $2.5 (about 17%) to $17 on March 22 with heavy volume.
From then on FORE moved up another 40% to $24-25 in one month.
Then we got 40% premium to take over at $35 today.

If the similar scenario hold for COMS:

On April 23, COMS spike up $4 (about 15%) to $26 on heavy volume.
40% increase within one month would give us $37.
Then add 40% take over premium; this gives us $52.

Hey, after all you'll might see $2 profit <G>