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

To: David E. Taylor who wrote (45158)	2/6/2001 9:22:46 PM
From: KevRupert	Read Replies (1) \| Respond to of 45548

David: re -- COMS Valuation/Strategy Hi David, What is your opinion on the status of 3Com? Obviously the value is within the company (catalyst of a potential spinoff in the future; substantial cash flow and excellent balance sheet; layoffs and expense reductions will lead to profitability on a timelier basis; and the company appears to be focused upon achieving profitability while maintaining a growth emphasis). Are you using options in your position? Waiting for short-term gains? I'm always eager to hear your approach to holding an equity position! Thanks. ad COMS Financial 11/30/00: Fiscal Year Ends May 31, 2001 Quarters End: 8/31/00; 11/30/00; 2/28/01; 5/31/01 1) $2,435.3 million 2) 345 million shares 3) $7.06 per share cash 4) $150 million (private equity & public securities) = $.43 cents per share 5) An estimated $1 per share in Silicon Valley real estate. 6) Estimated cash flow of .30 cents for 2001 7) Net loss of $.45 cents per share for 2001 CommWorks Corporation Spinoff: Spinoff may occur when (in order): 1) State of business shows established growth 2) State of public equity markets improves 3) Management makes a judgement call on the status of 3Com as an entire entity