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


To: Taby who wrote (28548)3/2/1999 8:39:00 PM
From: Howard Hoffman  Read Replies (1) | Respond to of 45548
 
Anyone know what % of Revenue and % of Profits come from Palm Computing?



To: Taby who wrote (28548)3/2/1999 10:14:00 PM
From: Wheats  Read Replies (1) | Respond to of 45548
 
Agree, stock could go up tomorrow as all the news is finally out. Wouldn't it have better if they pre-announced a week ago from much higher levels? Then we would be looking at the low 30's instead of where we are now. This thing took on a life of its own and fed on itself based upon uncertainty. The fact that insiders sold a ton recently really ticks me off.

The good news is that the uncertainty, for the most part, is gone, and that there is a profit which isn't bad considering this is their weakest quarter. I really thought we were through all the problems this time, guess not. Hope they get bought out -- quite tempting considering the price.

If one looks at Merrill's #'s for next year and believes them, forward P/E is 14, not bad for a high tech stock, and a lot less than Cisco. But again, COMS has a horrible track record of doing what they say they will do. While I do agree with many of you that management is horrible and question their integrity, the stock is dirt cheap based upon fundamentals.