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

To: mr.mark who wrote (43991)	7/16/2000 1:46:26 PM
From: Mang Cheng	Read Replies (1) \| Respond to of 45548

"Inexpensive tech stocks" from Street.com - coms is in it: "Network shop 3Com (COMS:Nasdaq - news) also might be worth a look, and not just for its Palm (PALM:Nasdaq - news) stake, says Jeff Van Harte, manager of Transamerica Premier Equity, which has 3.5% of its assets in 3Com and 0.5% of its assets in Palm. The fund boasts a 27.8% three-year annualized return, which beats more than 60% of its large-cap growth peers, according to Morningstar. 3Com, which Janus Twenty, Janus Worldwide and Janus Olympus bought in the first quarter, is spinning Palm off to its shareholders. Palm is the maker of the suddenly ubiquitous hand-held devices that can plan your life while also giving you the score of the Red Sox game. The conventional wisdom is that beyond Palm, 3Com is a company trying to exit low-growth businesses and focus on more profitable units. "I think Palm is gigantic; it's a new technology platform that's just going to be huge," says Van Harte, whose fund, along with other 3Com investors, will get 1.4 Palm shares for every 3Com share the fund owns. But he likes 3Com, too. "I think it's in an intriguing, special situation right now," he says, without specifying whether he's buying or selling the stock. He says if 3Com can keep its position in the network-interface card market and successfully compete in the wireless-network and home-networking areas, it could be a solid long-term pick. thestreet.com Mang