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


To: joe who wrote (14928)3/25/1998 12:55:00 PM
From: Bill Bishop  Respond to of 45548
 
3Com misses estimates, but controls inventory
By Binti T. Harvey, CBS MarketWatch
Wed Mar 25 12:24:30 1998
cbs.marketwatch.com
SANTA CLARA, Calif. (CBS.MW) -- Shares of 3Com Corp. took a hit Wednesday after the computer networking giant missed third-quarter earnings estimates by more than a dime. However, analysts see brighter days ahead, now that the company has regained control of its inventory.
3Com (COMS) shares slid 1 5/8 to 35 5/8 on higher-than-normal volume of 9.1 million Wednesday morning.