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Technology Stocks : USRX

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To: drmorgan who wrote (16158)3/20/1997 8:22:00 PM
From: Chris Vu   of 18024
 
N.Y. Stocks Active In After-Hours Trading On News Flow
Dow Jones News Service -- March 20, 1997

NEW YORK (Dow Jones)--Stocks continued to trade fairly heavily after the market closed, motivated by a solid flow of mostly earnings-related news.

PT Discount Brokerage trader Deron Coleman said one of the most active stocks after-hours is 3Com Corp. (COMS), which rose to 35 from its closing price of 33 5/8.

3Com reported better-than-expected third-quarter earnings of 47 cents a share, compared with 42 cents a year ago and a First Call estimate of 46 cents.

U.S. Robotics Corp. (USRX), which typically trades similarly to 3Com, also rose after hours. The stock was recently trading at 58 3/4 to 59 from its closing price of 56 3/8...........
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