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


To: Joseph Pareti who wrote (11318)12/3/1997 9:22:00 AM
From: Dennis Doubleday  Respond to of 45548
 
Negative (short-term) sentiment in Motley Fool:

fool.com

Here's a paragraph from it:

This means that fiscal '98 earnings estimates need to be lowered from
$2.02 per share to, at most, about $1.60 per share, which assumes that
3Com can accelerate numbers again in the coming quarters and meet later
estimates. That's not a very realistic assumption, though. Assuming there is
an inventory glut and that it will take a few quarters to clear, 3Com may
earn much less than $1.60 per share for the year ending in May. As
reported Friday, Hambrecht & Quist analysts recently lowered estimates
to $1.79 per share -- a number that already will probably need to come
lower.