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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: The BayWatcher who wrote (10528)	11/19/1997 7:20:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 45548

The Bear Stearns reductions in earnings estimates are HUGE, especially the current quarter from .54 to .17. What the heck is going on here? I've been tempted to average down, but not when you see these kinds of downward revisions. Any opinions? BayWatcher, Bear Stearns earnings reductions were huge across the board. It concerned me. I see no one else in their target range. Is it something yet to come or are they way off? I am going to check First Call to see if I get the same numbers. Maybe there was an error????? Glenn

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