If you had to come up with a mathematical quandary that would even stump the guy in

Good Will Hunting

, it would have to be this

3Com

(COMS)

/

Palm

(PALM)

conundrum.

If you thought it was hard going into last night given that 3Com owns Palm, except for a small stub, what can one think of it after last night's conference call? At one point I thought that 3Com was just Palm, then I thought it was just

Cisco

(CSCO) - Get Report

, then I thought it got out of the Cisco business, then I thought it was a pure networking play. I thought it was doing well; I thought it was doing badly. I thought the fundamentals were strong; then I thought they were weak.

TST Recommends

Sheeezh

! And I obviously wasn't the only confused one considering the range this one has traded in.

Sometimes things are just plain too difficult. I remember stumbling into a course at

Harvard

called "Logic." It was taught by this guy V.O. Quine. He started the class by putting up a giant equation and said if you couldn't solve it you should get up and leave.

I left.

Took

Tolstoy

.

Got an A.

Enough said.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Cisco Systems. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at

jjcletters@thestreet.com.