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

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To: Bill Coenen who wrote (27986)2/11/1999 9:22:00 AM
From: STANLEY COHEN  Read Replies (2) of 45548
 
Response from INVESTOR RELATIONS which may be of interest:

Dear Stockholder,

There were a few news events out last week that caused speculation regarding
3Com's quarter. One of our channel distributors pre-announced their quarter,
whether this was due in part or at all to 3Com was not determined nor disclosed
by Tech Data. They did disclose that 10% of their business is 3Com products,
the rest being PCs, software, and other computer and networking products.

One of our competitors made claims of gaining market share in their business but
did not mention if they gained on a particular competitor. However, it was
speculated that it may be a gain on 3Com. Actual published market share will be
reported next month by Dell'Oro Group.

As you can see this is news which may or may not effect the company, but has
effected the stock. As a matter of company policy we do not provide monthly
updates on the quarter, nor do we comment on rumor or speculation. Let me
remind you, Q3 is seasonally slower than the other 3 quarters and has
historically come in flat to down. Management provided guidance for the quarter
at the time of our Q2 quarterly announcement. These management comments can be
viewed in full on our web site - www.3com.com/inside/investor. They are also
attached to the Q2 press release.

Sincerely,
Investor Relations

Maria Bunker/T/HQ/3Com
02/10/99 03:10 PM

To: Tracy Urquhart/HQ/3Com@3Com
cc:
Subject: What is Wrong With this Stock?
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