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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Mr. Big who wrote (98325)	9/21/1999 8:00:00 PM
From: Ron	of 119973

NEW YORK (CBS.MW) -- 3Com saw its shares rally in after-market trading Tuesday after the company handily topped analysts' first-quarter earnings expectations on the strength of strong sales of its Palm products. The company (COMS: news, msgs) said it earned $119.3 million, or 33 cents a share. Analysts surveyed by First Call expected the Santa Clara, Calif.-based company to earn 24 cents per share in the period. In the year-ago first quarter, 3Com said its net income, on a pro forma basis, was $86.7 million, or 24 cents per share. Sales for the world's second-largest maker of computer networking products dipped to $1.39 billion from $1.41 billion in the year-earlier period. 3Com (COMS: news, msgs) shares slid 7/16 to 27 5/16 ahead of the news but spiked close to 30 in Instinet trading.

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