SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS)
COMS 0.00400+185.7%Dec 5 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Raymund W who wrote (31936)6/22/1999 7:33:00 PM
From: Mr.Fun  Read Replies (2) of 45548
 
My 2 cents:

1. Revenue guidance was really depressing - Paisley warned that first half of FY00 sales could be down from first half FY99. Once the sell siders plug that into their models, FY00 growth expectations will be less than 5%.

2. Management was very vague about strategy - What does 3Com want to be and how will it get there? Institutional investors want them to signal divestiture of part or all of client access. Hey, HP spun off the instruments business!

3. Operations continue to kick serious ass. Gross margins up (adjusting for one time items), expenses down, tax rate to be reduced from 31% to 29%. This will partially offset the disappointing revenue guidance, but not completely.

4. Everyone likes stock buybacks.

5. Most of the business is healthy - this is not a Cabletron meltdown. Palm is a superstar.

6. Stock will definately go down, and sharply, tomorrow. We'll be selling. Probably will buy some back after the dust settles.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News