3Com up almost 19 today

Posted By: @tomic212 Tuesday, February 29, 2000 5:35:00 PM

Wireless telephone stocks surged on Tuesday, buoyed by a strong broader market and anticipation ahead of the initial public offering of Palm Inc., maker of the popular Palm Pilot hand-held computer devices, analysts said on Tuesday.
Shares of data networking equipment maker 3Com Corp. (Nasdaq:COMS), which owns Palm Inc., jumped 18 15/16 to 98 and was the third most active issue on Nasdaq up 20%. The Palm IPO is slated for Thursday. Read the full report here.

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Wireless telephone stocks surged

The Dane @ 2/29/2000 5:40:42 PM #
Why do you think an anticipation of the initial
public offering of Palm Inc. would cause a surge in
Wireless telephone stocks? Is it because of Palm VII?
What are your thoughts?

Up Up

Jeff C @ 2/29/2000 7:23:04 PM #
Where will It Stop?
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