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

To: Kevin who wrote (32037)	6/23/1999 10:24:00 AM
From: bgg	Respond to of 45548

From Motley Fool: "Computer networking company and PalmPilot maker 3Com (Nasdaq:COMS) posted fiscal fourth-quarter earnings of $0.24 a share, up from $0.17 a year ago and topping analysts' mean estimate by a penny. Revenues for the quarter totaled $1.416 billion compared with $1.375 billion last year. But the company warned that revenues in the next two quarters may fall year-over-year as sales of modems and computer-connector cards weaken." The last line is why COMS is dipping this morning. Revenues will FALL in the next two quarters? Unacceptable expected performance for a networking company. This is why I say you will not see good performance out of this stock. Their upsides are more than dampened by their big downside. That's not changing in the next 6 months. Perhaps by then the company will be split up. That's the one and only reason to by this stock. IMHO.