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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Esway who wrote (32190)6/28/1999 9:24:00 PM
From: Herc  Respond to of 45548
 
Price/Sales - P/E - Sales

COMS 1.72 - 24.8 - 5.77 billion
RBAK 226 - Def. - 9 million
CMTN 65.8 - Def. - 22 million

Excuse me, but aren't they all in the same business, networking?
COMS could buy one of them out anyway, but hopefully not at these insane levels.
I'm holding onto my COMS. But I did sell it at 30 1/4 just before the earnings announcement and get back in at $27 3/4. Smart, but not smart enough! I had witnessed the street's current "bad blood" with COMS since I bought in about 2 months back.



To: Esway who wrote (32190)6/29/1999 7:55:00 AM
From: Al Cano  Read Replies (2) | Respond to of 45548
 
McGinn of LU looking for a cash-cow. "We need more steam to get the money due to us faster,'' Richard McGinn said. ''I'm not happy'' with where it is now.
With Ascend merger finally done, Lu will be able to compete against CSCO. Nonetheless, if LU wants to take market share from CSCO, grow revenses, and generate cash..... further acquisitions will be required. For many, LU buyout is not imaginable however 3COM's customers can provide addtional clients to LU's bigger picture. Palm device and technology is the blockbuster LU needs for further growth. Palm sales are only begin to increase. Again, many will say, "LU does not need 3COM" --- Wrong, LU's visions and growth picture is bigger than what most can imagine. Al
"3COM manfacture and link the things that make communications work"