3Com Corporation (COMS) Message Board

STOCKTALK

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 0.00130

-18.8%

Nov 7 11:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Moonray who wrote (34433)	9/22/1999 6:17:00 PM
From: Mang Cheng	Read Replies (3) of 45548

"3Com Posts Higher Q1 EPS; SG Cowen Raises Estimates" Wednesday September 22, 1999 (12:37 pm ET) NEW YORK, Sep. 22 (Standard & Poor's) - 3Com Corp (COMS 29 3/8 -1/32) posted Q1 EPS from operations of $0.33 versus $0.24 despite slightly lower sales. SG Cowen raised EPS estimates for the company. Analyst Chris Stix told S&P MarketScope COMS did an enviable job of generating cash and improving margins. He believes with days sales outstanding where they are, the company can continue on this path. Stix raised his $1.20 fiscal 2000 (May) EPS estimate to $1.35 and his $1.50 fiscal 2001 to $1.55, noting that his previous estimates were already above consensus. The analyst reiterated his buy recommendation and has a $35 12-month price target. Mang

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next