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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-13.3%Nov 7 11:47 AM EST
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To: simonds who wrote (36216)11/14/1999 7:00:00 AM
From: KyrosL  Read Replies (2) of 45548
 
Simonds, Palm revenues for the year ending 5/99 were $570 million. Revenues have been growing at a 100% clip for the last couple of years. IMO, by IPO time the revenue run rate will be closer to $1 Billion, and revenues for the 12 months ending Jan 2000 (the presumed IPO date) will be well over the $600 million you assumed in your calculations.
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