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


To: AlanH who wrote (14848)3/24/1998 11:12:00 PM
From: Mark Smith  Read Replies (3) | Respond to of 45548
 
"COMS CEO Eric Benhamou Resigns"

from reuters

24/03/98
20:15:00 EST

"COMS CEO Eric Benhamou Resigns"

COMS CEO Eric Benhamou resigned this evening after his company released
dissappointing earnings. Mr. Benhamou stated that he feels his ability to run the 5
billion dollar corporation is inadequate and would be best served by a change at the
top. Mr. Benhamou added that COMS Board has already found a replacement for him
in the form of a family of monkeys. "They are better at finance and marketing", said a
dejected Mr. Benhamou, "...and they will work for bananas."

The monkeys were not available for comment.



To: AlanH who wrote (14848)3/24/1998 11:15:00 PM
From: Scott Lerner  Read Replies (1) | Respond to of 45548
 
Didn't COMS say last quarter that they were moving the enterprise products to the new inventory model as well? I think I recall them saying that. That may partially explain the decline.