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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-87.0%Nov 7 9:30 AM EST

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To: Jeff Sheeran who wrote (29472)4/7/1999 12:48:00 AM
From: jach  Read Replies (3) of 45548
 
COMS is a tremendous bargain and great takeover target.
COMS revenue is about 6B$, but mkt cap less than 8B$. Next year's earnings about the same as CSCO and trading at these incredible cheap price. Naive investors and no-clue MMs are selling it because they do not understand technology (not suprising as they do not understand anything much anyway except to follow-the-herds), imo.

Both INTC and MOT can greatly benefit from COMS mkt position in home and low end segement as well as the Palm. The next era of networking front will be the home/office interconnect mkt segment where the potential revenue and opportunity will dwarf the current small business networking mkt.

IMO, COMS target price for takeover should be between 35-40$ range.
At this price, COMS potential for great appreciation far outweights downside risk.
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