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

To: FUZFO who wrote (21149)	9/2/1998 10:57:00 AM
From: Moonray	Respond to of 45548

Palm Computing to Host Second Annual Worldwide Developer Conference BW - 09:02 a.m. Sep 02, 1998 Eastern Conference to Be Sponsored by Technology Leaders Including IBM, Motorola, QUALCOMM and Symbol Technologies SANTA CLARA, Calif.--(BUSINESS WIRE)--Sept. 2, 1998-- 3Com Corporation (Nasdaq:COMS) today announced it will host its second Worldwide Developer Conference for the Palm Computing(R) platform from December 1-4, 1998, at the Santa Clara Convention Center. The conference will bring together Palm Computing platform developers and marketers to explore new business strategies and technological advances for what has become the de facto open standard for solutions development in the handheld computing industry. guide-p.infoseek.com o~~~ O

To: FUZFO who wrote (21149)	9/2/1998 9:50:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Fuzfo, >>increase = $.64/1.29 = 49% earnings growth Y/Y<< I'm not sure if the above is right. $1.29(99 earnings) - .72(98 earnings) = .57 .57/.72 == 79% increase from '98 to '99 earnings. Do the same for 2000, assuming that '00 earnings are 1.95 (First Calls) and you get a 51% growth rate. Still, COMS "expected" growth rate when the company is normal is around 25%/year. Adjusted for super low interest rates makes 35 a reasonable P/E estimate (providing the company is executing) Then, where we will get some good rises is when COMS proves that it's getting stronger and the earnings estimates will change. That $1.95 estimate for '00 should be $3 - 4 easy if COMS is doing it's job. It's like Moons said, last summer we was all expecting $2.00 earnings for this year. But hey, don't get all worked up counting your money yet. COMS has to execute. If not, it will be time to look for other stocks. joe