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


To: Harold S. Kirby who wrote (30280)4/27/1999 3:28:00 PM
From: STEVE  Read Replies (1) | Respond to of 45548
 
So what is your price target a couple of months
from now both with and w/o a buyout?



To: Harold S. Kirby who wrote (30280)4/27/1999 4:04:00 PM
From: Doug  Read Replies (2) | Respond to of 45548
 
Harold: If you review the historic data from 20April 97 to 1stMay 97
,the run up period from the 97 low , you will see some common features with this spike.

This tells me that the current spike up though stage managed by the Institutions has little to do with any take over speculation premium. That has yet to come. It is more as a response to COMS low valuation which Fund Managers had Institutionalized as a retort to the Mgmt of COMS.

I believe that if this current turnaround is real, the price will follow the 97 pattern though scaled down.

As for a BUYOUT Premium, that should be the least of our concerns at this stage.