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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: Tim McGee who wrote (24400)11/12/1998 1:52:00 AM
From: joe  Read Replies (2) of 45548
 


Tim,

Here's possibly the excerpt that Analysts would get hemorroids
over:

Pricing and Competition. The pricing environment has been very competitive. For example, during the first quarter of fiscal 1999,the Company decreased prices on certain 56 kilobits per second (Kbps) modems in North America retail by approximately 20 percent. More recently, Intel Corporation reduced prices up to 49 percent on a range of its low-end hubs and switches.

Look, a new name for Palm Pilot type equipment:

For example, Microsoft Corporation and its licensees recently entered the connected organizer market to compete with the Palm Computing (registered trademark) platform, the Company's fastest growing product category.

Isn't this a rather high level of cash compared to Market Cap?



Cash and equivalents and short-term investments at August 28, 1998 were $1.2 billion, an increase of $161.0 million from
May 31, 1998.

joe
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