3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00400

+185.7%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wigglesworth who wrote (22112)	9/23/1998 12:10:00 PM
From: joe	Read Replies (2) of 45548

Highlights of WSJ: 3Com Corp., powered by strong sales of new products and reduced costs, topped expectations with first-quarter profit that suggests the networking company is pulling out of a long slump. . . . "For the first time in a long time, the news about 3Com is positive in almost all respects," said Michael Cristinziano, analyst at Gerard Klauer Mattison & Co. in New York. . . . What's more, analysts note, the company's Palm Pilot sales are expected to jump to about $600 million this year from between $200 million and $250 million last year. . . . "There's no reason why we won't see 3Com enjoy a material acceleration in sequential growth rates," said Al Tobia, analyst at NationsBanc Montgomery Securities. "They should go back to the double-digit range."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next