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

To: Dulane U. Ponder who wrote (11359)	12/3/1997 12:10:00 PM
From: eDollar.com	Read Replies (1) \| Respond to of 45548

>>at 11:43 on cnbc, sr. analyst from robertson stephens gave one year price target for coms at 50. << Analysts can give only earning extimates (NOT estimes not real earnings). The market decides the price it wants to pay for a stock. I have seen so many analysts give so many price targets. Either the stock tanks big time or blows over 100-200 % of those price targets. I really do not believe price targets from analysts. But I use there opinion on why the stock should move up or down. COMS is a wonderful company. It will definitely see 50. This is possible only if they clear the mess, convince the stree that they have cleared the mess and buisiness is back to the good old days with good margin. This is what BAY has been tying to do.

To: Dulane U. Ponder who wrote (11359)	12/3/1997 6:49:00 PM
From: Thomas Haegin	Read Replies (2) \| Respond to of 45548

Re: one year price target for coms at 50. Dulane, while I would personally welcome this, I think this is too optimistic. COMS will achieve this only with major positive surprises that may or may not come as we go forward. Based on the current outlook and still muddy waters and discounting current EPS est. for 5/98 and 5/99, $50 is plain lunacy IMO. At this point, I'll be content with $40 by next Christmas. May sound modest, but this would still be a return of about 30% from recent lows. Thomas