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

To: Patriarch who wrote (39539)	2/20/2000 1:26:00 PM
From: Mang Cheng	Respond to of 45548

Pat, the trailing 12 months revenue is around 800 millions. The 1.5 billion is projected revenue for the next 12 months which had been used by a few forward looking analysts. For high growth companies like Palm, we should use projected revenue. If people used Qcom revenue ten year from now to project current stock price, why shouldn't we use next year Palm revenue. If Palm cannot achieve 1.5 billions in the next 12 months, I'm sure it will not do well. If it can keep up with hyper growth rate, then it deserves hyper valuation. Mang

To: Patriarch who wrote (39539)	2/20/2000 2:17:00 PM
From: David E. Taylor	Read Replies (1) \| Respond to of 45548

Pat: PALM revenue for the first 6 months of FY 2000 was $435 million, $176.5 in Q1 (52% growth over Q1 1999), and $258.5 in Q2 (76% growth over Q2 1999). Q3 and Q4 for 1999 were $126 and $174 million, applying similar growth rates gets you to somewhere around $1 billion in revenues for FY 2000. IMO, the $1.5 billion is a bit optimistic, but who knows? We'll have a better idea with earnings in June, although Q3 is historically a "seasonally slow" quarter. David T.