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: Mang Cheng who wrote (15431)	5/5/1998 4:17:00 PM
From: joe	Read Replies (2) of 45548

Mang, >>...All the other stocks are trading at an average of 90 times earnings.<< My immediate response is, what if you then took out all the Internet stocks - AOL, YAHOO!, K-tell,.... supposedly, the valuations of these stocks now are unable to be quantified. Well, I know one thing, I can at least put top and bottom limits on them and the range between would be a whole lot let less than owner's of the stock think. I'm not too worried about overvaluation of the market, because I think it's more specific to individual stocks and sectors. I feel we're in a semi-stock picker's market. If the market goes down because of valuation, it will just hit specific areas - not the entire market. (IMO) Joe

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