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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-87.0%Nov 7 11:47 AM EST

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To: David Lawrence who wrote (16408)6/25/1998 10:21:00 AM
From: Moonray  Read Replies (3) of 22053
 
3Com sees Q4 as turning point
Reuters - 06:51 a.m. Jun 25, 1998 Eastern

NEW YORK (Reuters) - Computer network equipment maker 3Com Corp.
reported that fiscal fourth-quarter earnings rose 52 percent, edging
ahead of expectations, and executives declared the quarter a ''turning
point'' after a difficult year.

Benhamou said 3Com, which sells modems to both consumers and
Internet service providers, has now begun to see the market for
these products achieve critical mass and expects its growth to
accelerate by the end of the calendar year.

While Benhamou said it might take several quarters to hit its goal
of 20 percent sales growth each quarter, he pointed to several new
areas where sales are multiplying several times faster than those
of the company as a whole.

He highlighted the success of its Palm Pilot handheld computer --
one of the big retail product hits of the past decade -- sales of
which should grow by 75 percent annually for at least the next two
years.


guide-p.infoseek.com

Congrats to holders. Put on suntan oil and enjoy your day in the
sun. You've earned it.


o~~~ O
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