3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00170

0.0%

Feb 6 9:30 AM EST

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To: KyrosL who wrote (33939)	9/13/1999 6:48:00 PM
From: Charles R	Read Replies (2) of 45548

Kyros, <As far as wall street reaction, I would not expect WS to digest the news for a while.> I think the muted reaction is a function of the spin-off of shares being "out there". We are talking about roughly 3 quarters before shareholders get their stock. Nowadays, that is eternity. <I have numbers, but they are not very respectable <g>. > I thought I saw a number like $540M being thrown around for Revenues (correct me if this is wrong). In todays environment, for a hot property like Palm, we are talking about at least 10x next years sales. Would mean the stock should roughly around $45 per share. Chuck

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