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


To: Elmer who wrote (14191)3/3/1998 11:21:00 AM
From: Scrapps  Read Replies (2) | Respond to of 45548
 
Past Earnings Dates by day:

Note: None are on a Wednesday or Friday.

December 18, 1997 Thursday
September 23, 1997 Tuesday
June 24, 1997 Tuesday
March 20, 1997 Thursday
December 23, 1996 Monday
September 24, 1996 Tuesday

Some may be asking what this has to do with anything. Me too.



To: Elmer who wrote (14191)3/3/1998 12:49:00 PM
From: Dick Smith  Read Replies (2) | Respond to of 45548
 
Earnings date---

David Witwer notes, "For people like me that like to read too much into everything, the late earnings announcement may signal that the results are OK. If you look at the dates of the last six announcements...."

I think we're getting desperate for a price move, or some excitement, and looking too hard for clues. I think the announcement last quarter was early because (1) of closeness to the Xmas holiday, and (2) the numbers were available, COMS having already preannounced that the quarter was slow.

This quarter, no preannouncement is needed (if things are slow, it's left over from the channel inventory issue, and doesn't need preannouncing), and there's no inconvenient holiday. I wonder how 3Com selected their particularly inconvenient fiscal year, which has three quarters out of four ending on or nearly on a major US holiday...?

It does keep our earnings worries away from the competition's.

Dick