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

To: grogger who wrote (28263)	2/24/1999 2:17:00 PM
From: mp	Respond to of 45548

Yes to both. Yes, I do REALLY believe that and yes, I am frustrated with this stock. BUt in support of my argument, I suggest you take the P/E for this stock before 1996, and all other networking stocks. With 3COm's growth, it should easily get P/E of 45. Right now, their P/E is 35/1.45= 22! Why do you think that is? I feel it is because COMS is the Rodney Dangerfield of networking stocks. I hope things change, but I am not terribly confident.