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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 2 9:30 AM EST

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To: Crzy Joe who wrote (14844)3/24/1998 10:49:00 PM
From: Scott Lerner   of 45548
 
Many institutions were expecting these numbers...Yesterday, Peter Swartz, the Salomon Smith Barney analyst, said that COMS WILL MISS THE NUMBERS. He said that earnings could be as low as 3 cents. He was expecting this. He also felt that the stock could see some strength going forward. This guy is well respected in the networking sector and is a no bullshit analyst. He was not gung-ho at the wrong time. I would be anxious to see his spin on the COMS earnings and outlook. Also, I would be much more willing to bet on a company like COMS, emerging from mediocrity, than to buy some ridiculous, no P/E start up or IPO. COMS has a long-term, although recently tainted, track record and capable management. They are and will continue to be a threat to CISCO. Don't count them out. Networking is a BIG sector and there is a lot of pie. Let's see what happens.

Scott
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