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


To: jach who wrote (31283)5/27/1999 1:27:00 AM
From: JDGarza  Respond to of 45548
 
I agree with you...Ms. Abbey carries a lot of weight. Her mentioning coms the way she did has got to (pleeeeeaassssseeee) impact how the stock performs in the near future. Maybe, we'll even break through 30 and stay above that threshold....



To: jach who wrote (31283)5/27/1999 2:36:00 AM
From: jach  Read Replies (1) | Respond to of 45548
 
COMS based on valuation is indeed a BIG bargain. Take a look at the valuation:
- mkt cap of about 10B, revenue of almost 6B <= incredible valuation
why ? most networking companies are valued at least 4 times, and COMS is less than 2 times. Goldman's Cohen is absolutely right.

- next year's earnings is about the same as CSCO, and CSCO mkt cap is more than ten times larger than COMS. CSCO is way overpriced.

- Wireless PALM VII will take off big time in the nar future and COMS can potentially surpass CSCO with the additional revenue stream from cable home and wireless businesses, all imo.

- COMS can be bought out anytime, like FORE systems. Don't forget the time when FORE was at 13$ and had said was a big bargain for FORE at that time. The smart ones got 35$ NOW for Fore. The target price for COMS at the low side is betwen 40-50$, and the high side is between 50-65$.

- COMS book value is more than 8$ and have cash of more than 4$.

- At this price COMS is an incredible bargain, all imo.

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