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


To: allen menglin chen who wrote (13219)1/14/1998 12:15:00 AM
From: Mang Cheng  Respond to of 45548
 
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To: allen menglin chen who wrote (13219)1/14/1998 1:09:00 AM
From: craig crawford  Read Replies (1) | Respond to of 45548
 
<< Craig, how usual is this kind of analyst meeting for COMS to guide analysts to higher COMS
earning estimates? >>

It's not usual. It would be unusual for COMS to call a meeting to guide analysts higher. The last few that I remember were to guide the street lower. They just had an analyst meeting a couple of months ago for their pre-announcement and they had one back in early '97 when they missed those earnings.

<< Is 0.15/sh quite low for the up coming quarter? >>

I doubt it. I think it's too high. Remember Disk Drive companies estimates looked low at first glance, now those estimates are estimates for losses.

<< Many analysts have already downgraded COMS. COMS have enough bad news >>

LOL. Oh, really? Believe me it can get worse. Like I said just remember how bad the semi's got and how the disk drives are doing now. Go ask the people on the SEG or WDC or QNTM threads about bad news getting worse. Seagate even warned twice in one quarter!

<< A great surprise news could jump COMS to 40+ easily. Be careful! >>

Like what? They re-invented the wheel? I can only think of one piece of news that could move COMS to 40 and that would be a buyout. And the problem with that scenario is, who would want to pay $14-15 billion for COMS? You can buy Ascend for half that price.

I will sleep like a baby tonight...



To: allen menglin chen who wrote (13219)1/14/1998 4:38:00 AM
From: Martin Milani  Respond to of 45548
 
they might come out and talk about reduced inventory...I doubt with all the negative news in the air they would try to add more fuel to the fire..this looks like time for damage control..!