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


To: James Petersen who wrote (10440)11/18/1997 1:57:00 AM
From: Glen McGlaughlin  Read Replies (6) | Respond to of 45548
 
James,couldn't agree with you more.As a new player on the Com thread and a recent purchaser of this quality company at $31,I have never seen so much double talk in my life as I'm seeing on this thread.If anybody thinks they will pick this baby up for under $30,they are dreaming in technicolor!The P/E ratio on forward earnings,even on a reduced basis is around 30-that is unheard of for most quality techies.I also own Newbridge Networks which is trading at $66(CAN) or almost 70 times earnings-the target by some analysts on Newbridge is $100(CAN). Face the music guys 3COM will be $50+ by XMAS!Any takers?

LONG ON 3COM AND PROUD OF IT!!!!!