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


To: craig crawford who wrote (12838)12/31/1997 3:19:00 PM
From: Glenn D. Rudolph  Respond to of 45548
 
I think that is more than fair considering 1997 was a
disaster and '98 looks to be a slow year with growth in the 20% range for networkers.


This growth rate is clearly the media concensus. They were incorrect being too high on growth rate for 1997. I believe them to be too low for 1998. Agreed on looking at fiscal 99 earnings for COMS. I anticipate the growth for networkers to pick up into the low 30% range again. I believe the lack of growth in 1997 was due to many product transition issues.

Glenn