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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Mang Cheng who wrote (13269)	3/2/1998 10:26:00 PM
From: Moonray	Read Replies (1) \| Respond to of 22053

Mang, the Barron's piece is also factually inaccurate. A middle paragraph says: Why have so many of these big players bought in to the 3Com story? Obviously, the stock looks cheap by some measures. At its current price, it trades at about 19 times First Call's consensus earnings estimate of $1.87 per share for the fiscal year ended May 1998 -- a decided discount to its median projected five-year earnings growth rate of 27%. In fact (as of 2/25) First Call has a mean consensus of $.98 for the fiscal year ending May 1998 and $1.87 for the year ending in May, 1999. What has happened to us is that last April the New 3COM was to earn $2.06 May, '98 instead of the now expected $.98. These people buying low right here might just see their $1.87 shrink by next year (I hope not). Who knows, who really knows. o~~~ O