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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 29 9:30 AM EST

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To: Steve Porter who wrote (23477)10/29/1998 7:59:00 PM
From: joe  Read Replies (1) of 45548
 


Steve,

We didn't mention Moonray's very important post after
the Glenn Shuttle blast off.

See: Message 6211785

NOTE a few things:

1) "We expect to see some solid growth in our second fiscal quarter as we find significant sales uptake in the quarter,"

Nice quote. I guess they still want to see Nov. numbers to make
sure of the numbers. Very good 3Com move. Just as we were
discussing earlier in the day, how to handle preannouncement month.

2) "....and as we see a strong uptake in the Asian market place."

Lord!! Is he suggesting that Asia is picking up? WOW, that would
mean a BOOMING '99.

More evidence of Asian stability:
"INTERVIEW-Ascend says Asia sales stable"
Message 6190570

3) I just got this from
"CNET NEWS.COM DISPATCH"

They have the top three stories of the day. In it was this:

3Com holding tight for strong sales

Execs at networking hardware maker 3Com are hoping for a healthy second
fiscal quarter. Analysts say that rising company gross margins and a
solved inventory problem should contribute to a boost in sales.
news.com



Maybe this will boost us to $36 tomorrow.

joe
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