Gary, I wouldn't mind being a tier two player with a market cap of $45 Billion, which translates into a stock value of $120/share. This is still markedly discounted compared to Cisco market cap., which is $310 Billion. Tell me why you think CSCO deserves such a market premium.
Cash reserves similar to 3Com
Diversity far less than 3Com
Global presence less than 3Com
Revenue approx. double 3Com's
Patents less than 3Com's
Emerging markets, based on patents and current market analysis it appears 3Com is equally, if not better positioned.
Let me remind everyone on this site, if it were not for 3Com's prescience,wherewithal, know how, and marketing the Palm would have never been able to defeat MSFT. I think credit should be given to the companies mgmt., because an enormous amount of resources where poured into the making of this Palm a success. After the Palm IPO, we will all begin to see EB's vision come to its' fruition.
Without Palm this company has everything, and I say everything to take on any company in the networking arena. Its' resources are enviable and don't ever fool yourself that 3Com has been enervated to a jaded entity. Let Cisco be warned, they have a sleeping giant lurking in their shadows. |
