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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Wigglesworth who wrote (9953)12/2/1997 5:52:00 PM
From: Moonray  Read Replies (1) of 22053
 
3Com sees stock price tumble after the bell

NEW YORK, Dec 2 (Reuters) - 3Com Corp (COMS.O) saw its stock price
drop nearly five points in after-hours trade Tuesday after
the computer networking company warned it will cut inventory and
report second quarter earnings below Wall Street expectations.

Traders said 3Com stock traded at 30-5/8 once it was released from
a Nasdaq halt. The stock closed at 35-5/16, traders said.

3Com's warning sent ripples through the computer networking
industry, with Cisco Systems Inc (CSCO.O) dropping to 85 after
closing at 86-1/2.

REUTERS

Copyright 1997, Reuters News Service. All rights reserved. Replication or redistribution of Reuter's content is expressly prohibited without
the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance
thereon.
nasdaq!

o~~~ O
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