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

To: Randy Ellingson who wrote (14040)	2/21/1998 6:33:00 PM
From: David Lawrence	Read Replies (2) \| Respond to of 45548

>>Does anyone else get the feeling that 3Com could surprise to the upside this quarter? Nope. They'll use any strong sell-through to lower channel inventory, which will in effect lower revenues. The objective is worthy of sacrificing another quarter if necessary, in my opinion.

To: Randy Ellingson who wrote (14040)	2/22/1998 2:46:00 PM
From: Mang Cheng	Read Replies (1) \| Respond to of 45548

Some interesting comments from Zoom : Zoom Reports Q4 Profit Fiscal '97 By Gregory Quick Boston 5:30 p.m. EST Fri., Feb. 20, 1998 Zoom Telephonics, battered by slow adoption of 56K modems and confusion over differing standards, reported a loss of $7.1 million for fiscal year 1997, ended Dec. 31, versus a profit of $2.5 million in the prior year. Sales fell 35.6 percent to $64.5 million from $100.2 in the prior year. The company reported a fourth-quarter profit of $290,000 on sales of $21.5 million, compared to a loss of $243,000 for the same period a year ago, on sales of $25.8 million. Sales in the fourth quarter declined 17 percent on a year-to-year comparison. Frank Manning, Zoom's president, said the company was hurt last year by the competing standards for 56K-bps modems, and the slow consumer acceptance that resulted from the confusion. He said the company anticipated a stronger 1998 due to the adoption of V.90 as a standard for 56K modems. "Virtually all of the work is done on our [V.90] products," Manning said. "All we are waiting for is the firmware from Rockwell." Manning declined to say when the company expected to ship the products. Manning said an oversupply of earlier versions of 56K modems, specifically from 3Com, might hurt prices of newer modems as the older products worked their way through the channel. Manning said he expects the company will bring cable modems to the retail market by next year. techweb.cmp.com In another release : The Boston-based facsimile and data communications product maker generated $290,000 in net income in the quarter ending in December, up from a $243,000, or $0.03 a share, loss in the same period a year ago. Sales spiked for the quarter as Zoom began to see money from its 56K modems as the market shifts toward the quicker technology, the company said in a statement. Revenues fell 17 percent year-on-year in the fourth quarter to $21.5 million from $25.8 in the same quarter in 1996. "Zoom's 56k sales were disappointing throughout most of 1997, but showed strong improvement in the fourth quarter," said CEO Frank Manning in a statement. Zoom's product line continues to shift towards 56k technology as the industry enters a major upgrade cycle, added Manning. zdii.com Mang