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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 29 9:30 AM EST

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To: Patherzen who wrote (27520)	2/3/1999 6:54:00 PM
From: vinod Khurana	Read Replies (1) of 45548

QUICK CUTS: Internet networking giant Cisco Systems (Nasdaq:CSCO - news) , which reported fiscal second quarter earnings of $0.36 a share (before charges) compared with last year's $0.29 and a penny ahead First Call's mean estimate after the bell yesterday, slipped $1 1/4 to $111 1/8. Market buzz had investors reacting to disappointment that a hoped-for stock split wasn't in the making. Second banana 3Com Corp. (Nasdaq:COMS - news) , meanwhile, peeled off $6 3/4 to $37 3/8 as investors worried that their company was losing market share to Cisco. For more on the Cisco earnings news, dial up today's Breakfast With the Fool... Chip maker Advanced Micro Devices (NYSE:AMD - news) lost $3 3/8 to $20 15/16 after Richard Forte resigned as president and CEO of its Vantis subsidiary. The company also reportedly worried investors by canceling two appearances at investor conferences.

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