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To: joshi who wrote (37850)3/5/1998 7:06:00 PM
From: Joe Sabatini  Respond to of 61433
 
>>COMS RESTATE Helps COMS. Less of a charge. Did I read this wrong??? 35 1/2 -2 7/16: networking products maker revises U.S. Robotics restructuring charge from $426 mln to $270 mln....

Did you look at the revised quarterly numbers for the past 1+ years? They are being revised down significantly. And even if this isn't seen as particularly bad going forward, 3Com's already poor image with the investment community isn't exactly being boosted.

Joe S.



To: joshi who wrote (37850)3/5/1998 7:08:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 61433
 
Joshi,

From what I can read from the COMS thread, I am still confused.

However, If COMS wrote-off 426M as merger charges, and was only allowed for $270M; then their current(or past quarters earnings would be reduced.) Again, I am confused at this point.

Jan