3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00170

-19.0%

Dec 26 9:30 AM EST

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To: PTC who wrote (10655)	11/21/1997 2:04:00 PM
From: Ryan Plovie (Hijacked)	Read Replies (1) of 45548

Analysts estimates are always conservative, they leave room for the company to beat them. If bear stearns says 7 cents, that is worse case scenario. The original estimates of 53, that was being conservative. An analyst has to protect his reputation. If Bear Stearns said 50 cents and coms came out with 7 cents. Bear Stearns looks stupid. Now if coms comes out with 20 cents Bear stearns will just say we underestimated the company.

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