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

To: DRRISK who wrote (11241)	12/2/1997 10:03:00 PM
From: Maverick	Respond to of 45548

After market close, 3COM CORP said that it has reduced inventory levels at its channel partners and revised its inventory practices across partners, business units and geographies worldwide to help increase predictability and linearity of sales as well as simplify the administration of inventory in global channels. Because 3Com decided to converge on the new inventory management model quickly, 2Q sales are now expected to be between $1.22 billion and $1.24 billion for the 2Q of fiscal 1998 which ended November 30. Sales in this range are expected to result in a slight profit for the quarter. Analysts' mean estimates were $0.44, according to First Call. (Businesswire)