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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00400+185.7%Dec 5 9:30 AM EST

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To: David Lawrence who wrote (16408)6/25/1998 12:02:00 AM
From: Moonray  Read Replies (1) of 22053
 
Good to see your still here. 'Fraid you ducked out to grab 5,000,000
beers. The bigest plus for this quarter as far as I'm concerned, was
"He (Paisley) also spoke of the progress 3Com had made in cutting back
expenses, especially in sales and marketing, saying the company has a
way to go to achieve its long-term goals. Total expenses fell to $511
million from $552 million in the final quarter of the last fiscal year".
This is where we got our 17&cent from. Paisley/Benhamou both say that
this next quarter sales "will be a challenge". This means that if
things don't pick up, we can still make decent earnings by attacking
the cost side of the equation.

o~~~ O
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