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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Mang Cheng who wrote (26113)12/15/1998 2:45:00 PM
From: joe  Read Replies (1) of 45548
 
The following indirectly confirms COMS sales are OK. My understanding is that COMS outsources basic networking equipment parts to Solectron. This would indicate tech sales and COMS sales are doing well.


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Solectron Corp. (SLR) 71 1/2 +2 3/4: --UPDATE-- Adams Harkness maintains "attractive" rating and raises estimates on contract manufacturing services provider after the company posted better than expected Q1 results; company gained market share in PC shipments and sequential growth in networking/telecom markets was strong; top ten customers accounted for 72% of sales, vs 64% in the year-ago period; raises FY99 EPS estimate from $2.18 to $2.23 and FY00 EPS from $2.61 to $2.63 a share.....
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