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

To: Mehrdad Arya who wrote (32707)	7/30/1999 6:22:00 PM
From: Captain Jack	Respond to of 45548

M A --- I would not own either of those two in this environment. Wish I had bailed COMS at 28. Looks like it will have a tough time getting back there. "Potential" will never be added into COMS as long as Eric is around. At this time COMS is looked upon as having no defined direction that will be overly successful. The bits and pieces are of more value than the whole. Should PALM be sold today it would be worth more than COMS.

To: Mehrdad Arya who wrote (32707)	7/30/1999 7:58:00 PM
From: The Phoenix	Read Replies (3) \| Respond to of 45548

COMS' market cap is close to $8.7 Billion, its earnings are approx. $6 billion, I believe you meant revenues of $6B. Earnings are about $380M. However COMS is a messed up company playing in a highly competitive, mature, low margin market which continues to errode as much of the functionality is pulled into motherboards or chipsets. There was a comment here earlier that suggested COMS should change their ticker to PALM which probably isn't a bad idea...that's about all this company has to hang it's hat on. Now Eric is positioning the PALM OS as the lightweight OS for handhelds going up against Java and Windows CE. What a boneheaded move. Wonder if he or anyone at COMS understands what it means to provide developer materials and tools for supporting an OS. As for JNPR, ARIB, RBAK, EXTR and other recent high flyers. These copmanies are positioned into new early majority growth markets where competition is still thin. They have the opportunity for significant growth, high margins, and possible takeover (COMS chance of a takeover is getting slimer every day). JNPR, which I do own, will show 100% qtr over qtr revenue growth and will begin showing earning faster than anyone can imagine... my guess is within the next 3-4 quarters...after that the company will grow very nicely into it's $15B-$20B market cap (where I expect it to be next year this time - a triple from today). In the meantime, if we're all really really lucky COMS will get back to the low 30's. OG