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

To: Pikewest who wrote (9926)	11/10/1997 7:09:00 PM
From: Tech Me Home	Respond to of 45548

An excerpt: Michael Duran, an analyst at Lazard Freres & Co., said 3Com Chairman and Chief Executive Eric Benhamou told participants at the American Electronics Association conference in San Diego on Wednesday that the company's shipments of modems to distributors still hadn't picked up. The modems are made by U.S. Robotics, which 3Com acquired in June. 3Com has been reluctant to push out modems because it believes the distribution channel has more inventory built up than what is desirable, Duran explained. When inventory builds up, the company is forced to push its products to distributors, often by offering discounts and promotions. 3Com's fiscal second quarter ends Nov. 30, which leaves little time to step up shipping.