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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: Maverick who wrote (10110)11/13/1997 8:33:00 AM
From: Joseph Pareti  Read Replies (2) of 45548
 
>Goldman Sachs said it cut its fiscal 1998 earnings
>estimate on shares of 3COM CORP to $2.15 per share
>from $2.30 per share,while
>keeping its fiscal 1999 estimate at $2.70 per share.

that accounts for about 7% profit shortfall

>Also cited fact that 15% of 3Com's
>revenues are to Asia,
>"one-third of which could be in jeopardy."

which means 5% off. Pretty much the same story.

let's see; where are the guys who said a few weeks ago that this is a
$70 stock ? using the above numbers it should be $70*0.95 =$66.5

F__k the shorts.
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