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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (17327)6/7/2001 10:42:54 PM
From: deathandtaxes  Respond to of 30051
 
from briefing

Separately, telecomm equipment company 3Com (COMS 5.57 -0.09) warned fourth quarter revenue will come in 15%-19% light relative to the consensus estimate of $556 million. The company also announced it will discontinue its line of consumer cable and digital subscriber line (DSL) modems. This development should be of interest to (Broadcom 40.60 +0.36) shareholders as 3Com accounted for roughly 20% of Broadcom's revenue in the most recent quarter.