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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

+1,200.1%

Nov 7 11:47 AM EST

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To: The Phoenix who wrote (44431)	8/16/2000 7:12:19 PM
From: Mang Cheng	Read Replies (1) of 45548

"Integral Capital's McNamee:Look For 'Unloved' Tech Stocks" Dow Jones Newswires NEW YORK -- Advice to technology-stock investors in the current market environment: Focus on the parts of the market that everybody hates. Those words from Roger McNamee, general partner at Integral Capital Partners on CNBC-TV Wednesday. Take the business-to-consumer Internet space, McNamee said. "Wall Street knows with great conviction you can't make any money there," he said sarcastically. "Whenever everybody believes something, they're probably wrong," he added, which is why he likes Amazon.com Inc. (AMZN). McNamee said the the Web-retailer's stock is cheap, and "consumers are buying from them like crazy." Amazon's core businesses will be profitable when it chooses to slow its rate of investment, he said. McNamee suggests choosing "unloved stocks in great industries," such as 3Com Corp. (COMS) and Cabletron Systems Inc. (CS) because their product cycles can "overwhelm whatever issues Wall Street has built into those stocks today," he said. -John Shipman, Dow Jones Newswires; 201-938-5171

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