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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Nov 7 11:47 AM EST

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To: blankmind who wrote (18960)	7/10/1998 11:23:00 AM
From: joe	Read Replies (1) of 45548

from Briefing.scam: International Business Machines (IBM) 118 1/4 +1 3/16: Merrill Lynch issues positive comments about Big Blue's outlook for Asia; feels that Q2 results from Asia are on track and does not expect company to guide estimates lower when it holds its conference call with analysts on July 20; according to First Call, IBM is projected to earn $1.50 in Q2, vs year-ago net of $1.43 a share..... This bodes well for Asia problems. IBM is sensitive to currency fluctuations, so it's a good sign if they are doing well. But earnings expectations will go up in 2nd half....maybe that's not so good.

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