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

To: The Phoenix who wrote (40341)2/29/2000 4:01:00 PM
From: KyrosL  Read Replies (1) | Respond to of 45548
 
Gary, you don't have to convince me about the irrationality of the current valuation. Remember, I sold almost all of my COMS position in the high forties.



To: The Phoenix who wrote (40341)2/29/2000 4:18:00 PM
From: David E. Taylor  Read Replies (1) | Respond to of 45548
 
Gary:

Your point is a good one. Tech Investor shows that of the companies that IPO'd in 1999, those with earnings returned on average 90% by year end (included names like UPS and A), whereas those without earnings returned 224%.

Food for thought longer term. Irrelevant for the next few days.

David T.


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