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

To: Wayne Lian who wrote (11709)	12/6/1997 12:49:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 45548

Articles from TSC (thestreet.com-- you'll need a pssword but you can register for 2 weeks free) Top Stories: Despite Asian Pains, 3Com Pushing Ahead in Troubled Region thestreet.com (excerpts) ---Just this week 3Com CEO Eric Benhamou said the immediate outlook in Asia has soured from 50% annual revenue growth to flat or negative growth. ---"3Com is more exposed to this region than its peers," Benhamou told analysts and reporters on a conference call Tuesday evening. ---The consensus for the fiscal year ending May 1998 has slumped from $2.31 per share in October to $1.10 per share now. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Top Stories: Networkers Face a New Competitive Issue: Y2K Compliance thestreet.com Potentially, Y2K costs could carve into some of the rosy growth expectations for networkers. According to a survey by Cowen & Co. and Datamation magazine, two-thirds of companies will pay for their Y2K fix by removing money from network or other IT expenditures, rather than by increasing their overall IT budgets (portions of that study were released in September).