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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Steve Fancy who wrote (31659)6/18/1999 3:54:00 PM
From: Souze  Read Replies (1) of 45548
 
Hi Steve, I recognize you from the QCharts thread. I'm a lurker on this board but follow COMS closely, and am long COMS Jan 30 Calls. I am bullish on COMS's long term prospects.

But my opinion for this reporting quarter's numbers is that COMS will meet or slightly exceed estimates. My opinion is based on:
1)COMS management having previously(last quarter?) guided expectations lower for this quarter; (if they exceed significantly after guiding estimates lower, that's not going to help their already suffering creditability with the Street)
2) no news of significant unexpected revenues, or shortfalls, since that guidance;
3) trading pattern indicates, to me, that 'big money' is not expecting a stellar quarter.

All that said, I expect their guidance for next quarter, and beyond, to be positive.

Just my opinion. I'd be happy to be wrong.
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