3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-58.1%

Nov 14 9:30 AM EST

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To: W.F.Rakecky who wrote (31460)	6/5/1999 2:11:00 PM
From: Mang Cheng	Read Replies (1) of 45548

StockHouse: How does 3Com [COMS] look? Michael Murphy: Excellent. They have a May quarter, so it's over. They'll have their numbers out in about three weeks. They probably will not beat the street estimate this quarter, although I think they'll be able to come pretty close to matching it. They may try to beat it by a penny or something like that. But mainly they've started shipping the new Palm VII in New York, which has immediate access to the Internet over a wireless network. That product will sell very well, and really impact them going forward. Then they'll have audited numbers by about the end of June. That's when I think if there's going to be an acquisition here, which I still think there will be, it's likely to happen. The street estimate for the May quarter is $0.23 to $0.24. They will certainly do that. They may do $0.25. There won't be any surprises. stockhouse.com Mang

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