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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: Christopher White who wrote (11313)12/3/1997 8:53:00 AM
From: James Burke  Read Replies (1) of 45548
 
From Briefing:

08:45 ET 3Com Corp (COMS) 35 5/16: With shares indicated to open
anywhere from 3 1/2 pts to 5 pts lower, BA Robertson Stephens is
making a bold call. While cutting its FY98 estimate by 45% to $1.12 a
share and its FY99 view by 19% to $2.24, the firm is also raising its
investment rating to "buy" from "hold." Seeming to be in agreement
that bottom has been reached is Bear Stearns, which maintains its
"buy" rating on the stk.
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