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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: Glenn D. Rudolph who wrote (13267)	1/15/1998 2:32:00 AM
From: craig crawford	Read Replies (2) of 45548

Ah hah! I suspected as much. It wasn't a special meeting, it was a planned event. ~~~~~~~~~~~~~~~~~~~~~~~ "It's all guidance," says Paul Johnson, who follows networking stocks for BancAmerica Robertson Stephens in New York. "What people really care about is what companies have to say about tomorrow and the next few quarters." 3Com Corp. (Nasdaq, COMS), for example, will hold an annual gathering for analysts and fund managers today in New York, and Johnson says issues of past performance won't be high on investors' minds. "The biggest issue we'll be wanting to see is if they're bullish on demand." sjmercury.com ~~~~~~~~~~~~~~~~~~~~~~~ Judging by the action in the stock price I would guess that it wasn't exactly a bullish call but on the other hand not disastrous either. BTW, I noticed David Faber on CNBC said that SSB (Salomon Smith Barney) was "pounding the table on 3Com". Looks like Wall street's love affair with COMS continues...

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