Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Valentino who wrote (10511)	11/19/1997 11:56:00 AM
From: Bill Coenen	Read Replies (1) \| Respond to of 45548

Valentino, Are you refering to the 3Com Executive's ( one Mister McCartney) remarks at a client comference? If so, the article also says that Mc Cartney infered that the clogged channels modem problem was still with us and Asia problems will continue over the next two quarters. For those who might have mised it: Released today Nov 19th McCartney said 3Com did not have "particularly large exposure" to Asia when compared with its peers and noted that 95 percent of its business in Asia was dollar-denominated. In cases where currencies move as sharply as they have, however, "generally some accommodations have to be made," particularly when dealing with large partners, he said. "Personally, I'm relatively pessimistic over the next few quarters about Asia," he said. McCartney declined to comment directly on the company's current profit or revenue outlook, citing a quiet period ahead of 3Com's earnings announcement, due later this month. He did reiterate comments from early in the quarter that modem inventories in the retail channel were higher than 3Com desired. Analysts have keenly watched those inventories ever since 3Com's acquisition of modem maker U.S. Robotics this summer" Note that he speaks of an earnings announcement later this month. I thought we were looking at mid-December. Bill

To: Valentino who wrote (10511)	11/19/1997 12:29:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 45548

COMS: BEAR STEARNS decreased estimate for fiscal year ending 05/98 from $2.40 to $1.41 on 11/14/97 COMS: BEAR STEARNS decreased estimate for quarter ending 02/98 from $0.64 to $0.29 on 11/14/97 COMS: BEAR STEARNS decreased estimate for quarter ending 05/98 from $0.73 to $0.47 on 11/14/97 COMS: BEAR STEARNS decreased estimate for quarter ending 11/97 from $0.54 to $0.17 on 11/14/97 COMS: Major Broker decreased estimate for fiscal year ending 05/98 from $2.29 to $2.00 on 11/14/97 COMS: Major Broker decreased estimate for quarter ending 02/98 from $0.55 to $0.43 on 11/13/97 COMS: Major Broker decreased estimate for quarter ending 02/98 from $0.61 to $0.51 on 11/14/97 COMS: Major Broker decreased estimate for quarter ending 02/99 from $0.79 to $0.64 on 11/14/97 COMS: Major Broker decreased estimate for quarter ending 05/99 from $0.85 to $0.69 on 11/14/97 COMS: Major Broker decreased estimate for quarter ending 11/97 from $0.51 to $0.46 on 11/14/97 COMS: Major Broker decreased estimate for quarter ending 11/98 from $0.74 to $0.60 on 11/14/97