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: gfr fan who wrote (11998)	12/9/1997 6:41:00 PM
From: PTC	Respond to of 45548

Is the eps for coms @ .44 ?? And is set to come out on the 16th PTC

To: gfr fan who wrote (11998)	12/9/1997 9:00:00 PM
From: Dwight E. Karlsen	Respond to of 45548

Re >Robbie Stephens stated last week that they estimate COMS real sales out to be $1.6B - a 5-6% q/q growth rate.< Lehman: "* While channel inventory reduction initiatives may prove long term positive, believe sales out of the channel were roughly flat Vs 1Q98 sales at around $1.6 Bill Vs our est of a 7% increase. We believe that excluding the impact of inventory reductions, sales out of the channel may have been broadly flat to up approximately 3% in 2Q98 versus our expectations that they might increase in a range of around 7%. As highlighted in earlier notes, weak sales of the new 56kbps modems may have impacted overall modem sales." ------------ So, I guess who knows. My point is that the picture is not clear as to what sales really were. We're reduced to guessing. Also in the Lehman report, of interest: "During the conference call management confirmed that it currently believes the networking Systems market may be growing at the lower end of a revised industry growth range of 20-40%." But, that was before the standard was announced, so everything is changed.