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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 79.78

+1.1%

3:42 PM EST

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To: Ibexx who wrote (10365)	11/12/1997 9:07:00 AM
From: Ibexx	of 77400

Thread, COMS will be a drag on all networkers--again. The following is from Briefing.com this morning: 08:57 ET 3Com Corp (COMS) 35 1/8: Issue indicated 3 pts lower after Morgan Stanley cut its FY98 earnings estimate to $2.05 from $2.30, citing high channel inventory. Firm also lowers its 12-month price target to $48 from $65. Also cutting its FY98 view is Goldman Sachs. Estimate goes to $2.15 from $2.30. Ibexx <with deep sigh>

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