Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (19173)	7/15/1999 7:10:00 PM
From: Moonray	Respond to of 22053

That is NOT exactly what he said. According to you: It's the best value on Wall St. But, if you check, I think you'll see that he said: My 6 years of investment says that 3 COM is the best valued tech company in the world..... Big difference. If he meant "best value", then I would agree with the tone of your post. But since he said "best valued", my 37 years experience agrees with his six, i.e. COMS should be priced in the high 20s to low 30s. A lid was sort of placed on COMS when Benhamou said in the CC (http://209.67.65.42/ccall/coms/q499.ram) that over next several quarters (which means 6 mo. to a year, to me) that Analog Modem and Ethernet revenue will continue to decrease and will NOT be counterbalanced by xDSL or Cable Modems, Palm or anything else. This means that for the foreseeable future we have a "no growth" company in a "growth" industry. It has been over 2 years now since the USRX merger. 3COM has failed miserably to deal with the problems in this area. I have no faith that they will suddenly see the light. Cost cutting to enhance the bottom line and the threat of a take-over should be enough to let us exit profitably over the next few months. I just want to get out and forget I ever heard of it. o~~~ O