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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00150

-28.6%

Dec 11 9:30 AM EST

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To: William Wang who wrote (18496)	6/29/1998 8:50:00 PM
From: joe	Read Replies (1) of 45548

<<That is why tomorrow's meeting is tough for Eric, he needs to lower the bar of expectation so COMS can easily beat, and at the same time, to keep the tone positive.<< Yes, I noticed the tone in the IBD interview seemed to be hedged, but optimistic. In the following paragraph he mentions that first quarter of fiscal year is slow, summer is slow, and there is typically a summer slowdown in Europe. "The first (fiscal) quarter has always been our slowest quarter. It happens every year, so this year is no different. It's because the first-quarter boundary that we picked 18 years ago puts all three summer months in Q1. The seasonal slowdown is most pronounced in Europe . . . and we are relatively stronger than our competitors in Europe. Therefore, there's more pronounced seasonality than our competitors. " joe

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