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


To: Glenn D. Rudolph who wrote (13267)1/14/1998 3:27:00 PM
From: vegetarian  Read Replies (1) | Respond to of 45548
 
With the size of their market cap only significant networkers they can buy are XIRC, FORE, or SHVA.
Would be hard to pull it out with larger fish like COMS, ASND, unless they get bought by the large ones.
I have not heard any rumors either, may be I should look at the speculation on CS thread.



To: Glenn D. Rudolph who wrote (13267)1/14/1998 5:05:00 PM
From: craig crawford  Read Replies (2) | Respond to of 45548
 
<< What do you know about the CS announcement after market today? >>

Sorry, not a thing. I had a guest at my house this morning and didn't get a chance to follow the market all day.

I'm just now checking my quotes...

Looks like YHOO came in at .05/share. Looks like a couple of cents of that was investment income, not income from the course of their business. YHOO nearly tripled their revenues but they are still struggling to turn those sales into real profitability.



To: Glenn D. Rudolph who wrote (13267)1/15/1998 2:32:00 AM
From: craig crawford  Read Replies (2) | Respond to of 45548
 
Ah hah! I suspected as much. It wasn't a special meeting, it was a planned event.
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"It's all guidance," says Paul Johnson, who follows networking stocks for BancAmerica Robertson Stephens in New York. "What people really care about is what companies have to say about tomorrow and the next few quarters."

3Com Corp. (Nasdaq, COMS), for example, will hold an annual gathering for analysts and fund managers today in New York, and Johnson says issues of past performance won't be high on investors' minds. "The biggest issue we'll be wanting to see is if they're bullish on demand."
sjmercury.com
~~~~~~~~~~~~~~~~~~~~~~~
Judging by the action in the stock price I would guess that it wasn't exactly a bullish call but on the other hand not disastrous either. BTW, I noticed David Faber on CNBC said that SSB (Salomon Smith Barney) was "pounding the table on 3Com".

Looks like Wall street's love affair with COMS continues...