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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: Home-Run who wrote (45453)1/8/2004 12:50:11 PM
From: Home-Run  Read Replies (1) of 45548
 
Raising guidance @ conf.

from Lehman Brothers analyst:
3COM is hosting their analyst meeting this morning. In addition to mgmt's tone sounding upbeat, initial indications are that they are guiding f'05 revenues to a range of $800-850mm, which compares favorably to our $730mm estimate. For f'06, COMS is indicating that revenues should be in the range of $1-1.2bn. We maintain our 1-Overweight rating
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