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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (5446)3/24/1998 4:39:00 PM
From: vegetarian  Read Replies (1) of 18691
 
OK let us flush the earnings toilet with COMS sitting in it, whoever said they shorted it today may be smiling tomorrow (hey it could be crying in this market if it goes up ;-)):
16:25 [COMS] 3COM SAYS COMPLETES TRANSITION TO NEW CHANNEL INVENTORY MDL.
16:24 [COMS] 3COM SAYS CLIENT ACCESS PRODS TOTALED $700.3 MLN IN Q3.
16:24 [COMS] 3COM SAYS SYSTEM PRODUCTS SALES TOTALED $549.9 MLN IN Q3.
16:21 [COMS] 3COM Q3 REVS $1.25 BLN VS $1.46 BLN.
16:20 [COMS] 3COM Q3 SALES INCREASE 4 PERCENT TO $1.25 BLN VS YEAR-AGO.
16:20 [COMS] 3COM EARNS Q3 NET 2 CENTS EXCL MERGER-RELATED ADJUSTMENT.
16:19 [COMS] 3COM EARNS Q3 NET 4 CENTS DILUTED ON MERGER RELATED ADJUST.
16:32 [COMS] 3COM Q3 FIRST CALL VIEW WAS 14 CENTS/SHARE.
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