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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST
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To: russn who wrote (34485)9/23/1999 5:28:00 PM
From: KyrosL  Read Replies (1) of 45548
 
russn, IMHO, the worst that you can do right now is to sell COMS. At its current price, its p/e ratio is less than 20, its price/(free cash flow) ratio less than 10. Palm is growing explosively, Network Systems is growing below the market but it IS growing, Personal Connectivity is shrinking but generating lots of cash (and with broadband that too may start growing). And COMS is swimming in cash (has more cash+investments than Cisco), and buying back its shares at the rate of 10% per year.
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