3Com Corporation (COMS) Message Board

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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: Marcel who wrote (11324)	12/3/1997 9:39:00 AM
From: Mike 2.0	Read Replies (1) of 45548

Re: perhaps a Rob.Steph. client? Seems to me RS is talking out of both sides of its mouth too. From Briefing: "BA Robertson Stephens upgrades from "hold" to "buy," but cuts its FY98 estimate by 45% to $1.12 a share and its FY99 view by 19% to $2.24. Company warned on earnings after the close yesterday, and is indicated sharply lower, but company thinks it is now a buy..." I suppose if COMS had announced a slight LOSS for the quarter instead of a slight gain, RS may have cut estimates more, and then upgraded to a STRONG buy! :-/ The logic doesn't flush IMO...

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