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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Nov 7 11:47 AM EST

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To: Glen McGlaughlin who wrote (10459)	11/18/1997 11:57:00 AM
From: dougjn	Read Replies (1) of 45548

<<The P/E ratio on forward earnings,even on a reduced basis is around 30-that is unheard of>> Huh? Consensus May 98 is 2.26. Which suggests a 6mo forward PE of 14.5. I am assuming May 98 is not 2.26 but flat w/97, or 2.05. Which is abt 16x forward. Which is pretty cheap. Doug

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