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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: djane who wrote (46194)5/7/1998 3:29:00 PM
From: djane  Read Replies (2) of 61433
 
More info on COMS. Gross margin/modem inventory problems.

15:19 [COMS] 3COM FY98 VIEW CUT TO 66 CENTS FROM 73 CENTS - DEUTSCHE MORGAN GRENFELL.
15:19 [COMS] 3COM FISCAL '98 ESTIMATE CUT TO 66 CENTS FROM 73 CENTS-DMG.
15:18 [COMS] 3COM DOWN AMID CONCERN ABOUT MODEM INVENTORY.
15:17 [COMS] 3COM FISCAL YEAR '99 ESTIMATE CUT TO $1.59/SHARE FROM $1.94 - DMG.
15:17 [COMS] 3COM 4Q ESTIMATE CUT TO 26 CENTS/SHARE FROM 23 CENTS- DMG.
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