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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 16 9:30 AM EST

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To: Doughboy who wrote (28733)3/4/1999 5:06:00 PM
From: Tim McGee  Read Replies (1) of 45548
 
I came up with essentially the same numbers last night when this came out.

This would make COMS a $35 stock based on a PE of 25 on this year's earnings. Future earnings would be discounted significantly.

Asssuming they can rid themselves of a few more parts (analog modem business), then we could see this multiple go higher and thus we have a chance to see 50 again sometime in the future.

Tim
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