3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Nov 7 11:47 AM EST

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To: paul lin who wrote (12516)	12/19/1997 3:28:00 PM
From: Wayne Lian	Read Replies (2) of 45548

Paul, exactly, Eric B. wanted to show things are going as planned and he was in control. See <<For the quarter, net income was $15.1 million, or $0.04 per share on sales of $1.2 billion. These results were consistent with the Company's expectations announced on December 2.>> Eric B. hoped that readers would think he met expectation. But the fact is 0.04 is very small. And even this earning is artificially manufactured, because additional inventory problems are shifted to the next quarter. As to trade receivable and account receivable, I don't know if they are different. Probably the same.

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