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


To: sunfish who wrote (41404)3/6/2000 1:52:00 PM
From: Greg Jung  Respond to of 45548
 
This statement from a media article:

"For the six months ending Nov. 26, the company reported a
profit of $22.5 million on sales of $435 million. For the
year ending May 28, Palm reported a profit of $29.6 million
on sales of $563.5 million. "

two things:
1) High sales growth from new product launches. 435 in
latest 6-month versus 563 in previous 12.
2) net margin about 9% maybe. Based on incremental income:
expenses after spinoff are bound to increase.



To: sunfish who wrote (41404)3/6/2000 2:01:00 PM
From: Doug  Read Replies (1) | Respond to of 45548
 
Sunfish: Thanks. The P/S for new tech Cos is as high as 50. The sales/share of PALM is likley to be closer to $2/share.

The P/S for PALM should hold in the 25 range. That would put COMS at a low of $75+.

Is this meaningful.?