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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: jack wuo who wrote (26629)12/25/1998 4:22:00 PM
From: Shroder Wertheim (Hijacked)  Read Replies (1) of 45548
 
3Com Chairman Waxes Bullish On PC, Networking
(12/24/98, 12:36 p.m. ET)
By Marcia Savage, Computer Reseller News
3Com chairman Eric Benhamou credited a robust PC and networking market with producing the company's better-than-expected results for its second fiscal quarter.

"We did not notice any slowdown in demand for personal computers or network products, which are the two fundamental growth drivers in our market," said Benhamou in a conference call with financial analysts on Dec. 22.

When asked about distributor Ingram Micro's warning of flat PC sales in the fourth quarter during the conference call, Benhamou said, "We've not noticed any disruption of the sort."

techweb.com

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