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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Grislee bear who wrote (31531)	6/11/1999 4:22:00 AM
From: PaperChase	Read Replies (4) \| Respond to of 45548

Their cash position isn't the issue. The issue is the paying of rebates in this quarter and how it will affect their reported income stream. You do remember how paranoid the street gets when a company misses its estimate even by a penny? I am not talking about a company oversight. I'm not talking about a company that will default on its payment. I'm talking about the financial games a company will play to make itself look better to the street. This established and experienced company is delaying the payment of all rebates by twice the promised period...7 to 8 weeks. I am asserting that they have the cash, computer processing and manpower ability to pay these rebates on time. Do you want to invest in a company that screws up this badly?