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Technology Stocks : 3Com Corporation (COMS)

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Nov 26 9:30 AM EST

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To: Eric who wrote (11733)	12/6/1997 1:35:00 PM
From: Pancho Villa	Read Replies (2) of 45548

Eric>>Although distribution channel supplies of network cards finished that month at the equivalent of five weeks" sales, supplies of modems and systems finished at 10 weeks" and nine weeks" sales, respectively. To reach its desired inventory goals, the company indicated that it will need to bleed another $200 million worth of modems and systems from the sales channel in the current quarter, reducing expected sales accordingly.<< IMO a good chunck of the inventory glut should be chewed up by Xmas [store] sales which should run well above average. Pancho

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