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

To: Ling Chen who wrote (14263)3/5/1998 4:40:00 PM
From: TFF  Read Replies (2) | Respond to of 45548
 
lower cost=higher earnings=good news



To: Ling Chen who wrote (14263)3/5/1998 4:43:00 PM
From: Finder  Read Replies (1) | Respond to of 45548
 
Stock is down in after hours, Now announcing that it has revised FY98 1Q loss to 15 from 43 cents. 2Q to 1cent from 4 cents. So whatever it is doing it has lowerd current quarter earnings.

What a day to decide to announce this problem if indeed it is a problem.

Sounds like the accountants wouldn't let them write off all they wanted to so it is going to impact current earnings.

If they are playing with the books this stock will be taken a\out and shot.


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