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


To: Pat Hughes who wrote (22414)9/30/1998 5:36:00 PM
From: TechMeister  Read Replies (1) | Respond to of 45548
 
LU market cap $90 Billion as of last night. They could easily cough up $15 Billion for COMS or ASND. WHen it comes to chosing between the two, COMS HAS A BIG ADVANTAGE as folows:

COMS: last 12 months sales $6.0 Billion (approx)
ASND: last 12 months sales $1.6 Billion (approx)

COMS: market cap now $10 B
ASND: market cap now $9 B

Why the heck would LU pay almost the same $$ to get sales revenues that are 1/4 the size of COMS? By paying $15 Biliion for COMS, LU gets to add the maximum $$ revenues to the top line. The biggest "bang for the buck" !!!