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

To: Mang Cheng who wrote (15378)	5/2/1998 12:47:00 PM
From: Michael Gaudet	Read Replies (2) \| Respond to of 45548

From Monday's WSJ: Michael Mahoney, who runs the $2 billion GT Global Telecommunications Fund, thinks 3Com is a bargain. 3Com, he says, trades for about 23 times expected calendar 1999 earnings, while getting the bulk of its revenues from markets growing 30% or better. "They're turning the company around," he says. "They could grow way above the market rate." According to several attendees, 3Com told investors at the press-excluded Q&A session following their presentation that the company is about to announce a huge order for cable modems from a leading cable-television company.