3Com Corporation (COMS) Message Board

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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: Mehrdad Arya who wrote (45291)	4/18/2001 5:52:11 PM
From: KyrosL	Read Replies (2) of 45548

An excerpt from Broadcom's earnings news report at biz.yahoo.com "... Broadcom lowered earnings expectations a month ago to reflect weakness in the quarter from its three major customers: Cisco Systems (NasdaqNM:CSCO - news), Motorola Inc. (NYSE:MOT - news) and 3Com Corp. (NasdaqNM:COMS - news), which all have been hit by the weaker economy that is taking its toll on the entire tech sector..." It's good to see 3Com getting lumped with Cisco and Motorola rather than being singled out as the "struggling" one. Of course, 3Com is still selling at a fraction of its very real book value compared to the hefty multiple that Cisco sells relative to its book value, which is mostly goodwill. Let's see who runs out of cash first <g>

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