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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (12499)	2/5/1998 11:01:00 PM
From: David Lawrence	Read Replies (2) \| Respond to of 22053

Dow Jones Newswires NEW YORK -- A 6.1% selloff in the shares of 3Com Corp. (COMS) could be the result of comments from Cowen & Co. that suggest the company may be struggling to reduce its inventory of modems. Cowen analyst Christopher Stix wasn't immediately available, but in a research note Thursday morning, he said 3Com may not hit its targeted reductions in its modem inventory. Stix also said that while 3Com has an "exceptionally strong" new product cycle coming, it may face difficulty exceeding industry growth rates, and expanding its margins may be hindered by a challenging pricing environment. "We believe that the company will achieve recognition in the market for its inventory reductions, assuming they are complete at the end of the (fiscal) third quarter, even if the company does not achieve consensus earnings per share of 14 cents," Stix said in his note. Stix said 3Com's expense controls are on track. Officials at the Santa Clara, Calif., concern weren't immediately available. As reported, a class-action lawsuit was filed in early January against 3Com alleging that certain officers and directors of the company artificially inflated the stock price. The suit involves statements made about the company's acquisition and integration of U.S. Robotics Corp., the state of the company's "channel inventories" and efforts to reduce those inventories. Shares of 3Com fell 2 1/8 to 32 11/16 Thursday on Nasdaq volume of 17.7 million, compared with average daily turnover of 8.8 million.

To: DMaA who wrote (12499)	2/6/1998 2:25:00 PM
From: Moonray	Read Replies (3) \| Respond to of 22053

Afghan Factions Say Thousands Dead in Quake 02:03 p.m Feb 06, 1998 Eastern ISLAMABAD, Pakistan (Reuters) - Thousands of people have been killed by a severe earthquake in northern Afghanistan, spokesmen for the opposition alliance and the Taliban government said Friday. The Taliban Islamic government in the capital Kabul, quoted by its official radio Friday night, said 3,230 people were killed by the quake in the opposition-ruled Takhar province. Earlier, the Pakistan-based Afghan Islamic Press (AIP) news service quoted sources in the opposition alliance as saying at least 3,600 people had died. Afghanistan's mission at the United Nations said more than 4,000 bodies had been recovered. guide-p.infoseek.com o~~~ O