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

To: KyrosL who wrote (33939)	9/13/1999 5:12:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 45548

What are PALM revenues and margins? What impact will competition have on margins? How will COMS differentiate the PALM in the face of competition? I think the PALM spin-off is a huge win for investors... however if history repeats COMS will blow their leadership position here too. Approach: Buy on dips (Oct should be a good buying opp.). Sell just after 20% cap gains treatment... should be good for a triple. After that COMS will get toasted - as history has shown us. OG

To: KyrosL who wrote (33939)	9/13/1999 5:13:00 PM
From: Captain Jack	Respond to of 45548

K--- This may help them open their eyes,, but sure glad I did not ride it down from 2 years ago,, LOL Monday September 13, 4:47 pm Eastern Time Cabletron seeks return to 30-40 pct sales growth BOSTON, Sept 13 (Reuters) - Cabletron Systems (NYSE:CS - news), which has seen stagnant sales as it has lost ground to rivals in the computer-networking business, expects to return to 30 percent to 40 percent revenue growth rates within 18 months, the company's chairman and chief executive said on Monday. Piyush Patel, promoted to the top jobs at Rochester, N.H.-based Cabletron in June, said during a technology conference sponsored by SG Cowen that he also expects the company's gross margins will soon show improvement. ``The gross margins will, I think ... start improving from this quarter onward,' Patel said. Cabletron, which is slated to report earnings next week, posted a loss, including all charges, of $22.5 million, or 13 cents a share, in its quarter ended May 31. The company also saw revenue slip during that quarter to $349.5 million from $365.7 million in the year earlier quarter, better than analysts' expectations. Patel said the company is making progress on outsourcing its manufacturing operations, with 50-60 percent of the company's manufacturing now done by contractors. That figure is likely to climb to 80-90 percent in the next few quarters, Patel said. Cabletron is the number-four computer networking firm, behind giants Cisco Systems (Nasdaq:CSCO - news), 3Com Corp (Nasdaq:COMS - news) and Nortel Networks (Toronto:NT.TO - news). Patel said Cabletron is still considering a spin-off or public offering of its Spectrum network management unit, which now operates as a stand-alone entity within Cabletron. Cabletron shares, which traded as high as $45 more than two years ago closed on Monday at a 52-week high of $18 5/16.

To: KyrosL who wrote (33939)	9/13/1999 6:48:00 PM
From: Charles R	Read Replies (2) \| Respond to of 45548

Kyros, <As far as wall street reaction, I would not expect WS to digest the news for a while.> I think the muted reaction is a function of the spin-off of shares being "out there". We are talking about roughly 3 quarters before shareholders get their stock. Nowadays, that is eternity. <I have numbers, but they are not very respectable <g>. > I thought I saw a number like $540M being thrown around for Revenues (correct me if this is wrong). In todays environment, for a hot property like Palm, we are talking about at least 10x next years sales. Would mean the stock should roughly around $45 per share. Chuck