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Technology Stocks : USRX

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To: Dan Woodbury who wrote (14520)3/4/1997 11:09:00 PM
From: Crzy Joe   of 18024
 
<<< Is the shareholder meeting this Wednesday, the 5th, or next Wednesday, the 12th, or in a few weeks?>>>

5th.

<<< I won't be there but I sure hope to read about a few angry shareholder who give Cowell, McCartney and the Board a real wakeup call. >>>

No doubt about angry. Sure there will be lots of people confused and annoyed. Hopefully Cowell and Co., can and will be able to reason if not convince them into his vision. =)

<<< The most discouraging aspect about this merger is that while 3Com was already in transition and didn't anticipate renewed growth till later in the year, USR's best quarters - selling x2 - were just about to start. >>>

Hard to say. 3Com was battered with the Intel onslaught, but they are a fundamentally strong company. It was also 'rumored' that USR was not going to meet their estimates. Rumors always arise, but who knows the real truth. x2 being delayed and all.

<<< This merger, along with delays, has taken considerable wind out of the x2 sails (pun intended) and USRX is moving off course. So while USR may have solid revenues from AOL, Prodigy and Japan Telecom - as well as the smaller ISP upgrades, and good client modem sales, the perception is that they are losing ground which is only adding fuel to Motorola's and Rockwell's fire. >>>

ROK and cronies have been know and always will be known for creating FUD when things get icky for them. Or when they start to pee in their pants, they start the FUD cranking machine again.
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