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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo Cobb who wrote (4276)	9/21/1999 5:48:00 PM
From: Mao II	Respond to of 12662

Jimbo: Its not EPAY -- its Y2K! (per release) M2

To: Jimbo Cobb who wrote (4276)	9/21/1999 6:21:00 PM
From: Kenya AA	Read Replies (1) \| Respond to of 12662

Jimbo and Thread: Here's something that will be up tomorrow and, hopefully, put a more positive spin on things by supporting the NAS. K Tuesday September 21, 5:16 pm Eastern Time 3Com profits top forecasts as company cut costs 3Com stock fell 44 cents to $27.31 on the Nasdaq, well off its 52-week high of $51.13. The company released the results after the close of U.S. trading. The sales of switches, hubs, remote access concentrators, routers and network management software rose 9 percent to $674.2 million from a year ago, while the sales of network interface cards and modems tumbled 19 percent to $539.0 million from a year-ago. A bright spot was sales of hand-held computing products, which included the No. 1 personal digital organizer, the Palm. Revenue surged 50 percent to $174.2 million. Santa Clara, Calif.-based 3Com said on Sept. 13 that it plans to sell a stake in its Palm computing division to the public in an initial public offering. The company's net income included a $23.6 million gain on the sale of investments and a pre-tax credit of $2.1 million related to its acquisition of U.S. Robotics Inc. That was up from net income of $93.7 million, or 26 cents a share, a year ago, which also included one-time items.