3Com Corporation (COMS) Message Board

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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: Arnold Layne who wrote (20248)	8/8/1998 10:36:00 AM
From: Arnold Layne	Read Replies (1) of 45548

From The Motley Fool message board: Subject: Re: Above average Date: Fri, Aug 7, 1998 22:59 EDT From: Frasertown Message-id: <1998080802595300.WAA18021@ladder01.news.aol.com> Solomon Smith Barney met with 3Com Thursday and came away "very encouraged" by the dialogue - said "all aspects of 3Coms business were up; modems up strong, channel inventories down even lower than they had expected (wow! never thought I would hear that!), Palm Pilot sales strong, qtr earnings should be on target or better." As a result, Smith Barney raised their short term to strong buy and said they have a short term target of $32 and year end of $40-45. Good stuff!

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