SI
SI
discoversearch

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: Christopher White who wrote (11313)12/3/1997 8:53:00 AM
From: James Burke  Read Replies (1) | Respond to of 45548
 
From Briefing:

08:45 ET 3Com Corp (COMS) 35 5/16: With shares indicated to open
anywhere from 3 1/2 pts to 5 pts lower, BA Robertson Stephens is
making a bold call. While cutting its FY98 estimate by 45% to $1.12 a
share and its FY99 view by 19% to $2.24, the firm is also raising its
investment rating to "buy" from "hold." Seeming to be in agreement
that bottom has been reached is Bear Stearns, which maintains its
"buy" rating on the stk.



To: Christopher White who wrote (11313)12/3/1997 9:05:00 AM
From: Joseph Pareti  Read Replies (1) | Respond to of 45548
 
to all:

has anybody thought what means "inventory correction".

To me it looks like this has been discounted BEFORE.

The hit on the quarter profit should then be seen as
the result of changing the accounting system and
be termed as a "special charge".

The bottom line is that this should not be viewed
as a plain shortfall like the one
announced by Cabletron.

Don't give the shorts any chance.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News