3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-87.0%

Nov 7 9:30 AM EST

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To: Amir Desai who started this subject	12/19/2003 8:19:18 AM
From: Rink	Read Replies (1) of 45548

3Com “neutral,” target price raised (UBS) Friday, December 19, 2003 4:46:26 AM ET UBS NEW YORK, December 19 (New Ratings) – Analyst Stephen Chin of UBS maintains his “neutral” rating on 3Com (COMS). The target price has been raised from $8.50 to $9.00. In a research note published yesterday, the analyst mentions that 3Com's Q2:04 sales were significantly ahead of the estimates. The company reported robust sales growth in Europe, with a 38% sequential growth during the period, the analyst says. However, the company's sales declined sequentially in the US, for the fifth consecutive quarter, UBS adds. newratings.com Kind regards, Rink

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