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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-67.5%Nov 7 11:47 AM EST

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To: Glenn D. Rudolph who wrote (12832)12/31/1997 2:35:00 PM
From: craig crawford  Read Replies (1) of 45548
 
<< I thought the street hated COMS at present. I did not believe they could hate them more <G> >>

If the street hates COMS then how come I have heard no less than 10 people on CNBC in the past month or two recommending COMS as a great buy.

There were two guys on the day of the warning. The Motley Fools were recommending it today. Some guy from Salomon Smith Barney was on TV yesterday recommending COMS.

There have been several guests in the past few weeks on CNBC where the host asks the guest for their picks. COMS seems to be one that comes up a lot. One guy had the guts to mention ASND along with COMS a week ago. You NEVER hear anybody mentioning CS or NN or FORE as good buys. When is the last time you heard somebody recommend BAY networks?

<< Fifteen may be a PE of 8 give or take.>>

Take a look at the DD makers. PE's can get really low if things go astray. Look at some chip or chip equip stocks. Their PE's got to the single digits. How are you figuring a PE of 8? Where is COMS supposed to earn $1.87/share? What year are you using? A PE of 8 at a price of 15 implies $1.87/share.
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