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


To: JDGarza who wrote (35609)10/18/1999 10:24:00 AM
From: The Phoenix  Respond to of 45548
 
JD,

It's quite simple. CSCO has a history of revenues and earnings - PALM does not. However, as I said in an earlier post the IPO market is unpredicatable. PALM may go out for 50 times revenues .... who knows in this market.

The IPO market has highly rewarded infrastructure IPO (JNPR, FDRY, EXTR, RDWR, etc.) and interent start-ups (PCLN, EBAY, ETYS, etc) all with little revenues and little history. PALM is a little different...it's not an internet play or an infrastructure play....so it'll be interesting to see how the market values PALM. Again, I would not be so bold as to even hazzard a guess.

OG