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

To: David Lawrence who wrote (17578)	6/17/1998 6:19:00 AM
From: SC	Respond to of 45548

Is there a usenet news group for comp.dcom.sys.3com? It is not on my news server. It has: comp.dcom.sys.bay-networks comp.dcom.sys.cisco comp.dcom.sys.nortel comp.dcom.sys.wellfleet

To: David Lawrence who wrote (17578)	6/18/1998 4:34:00 AM
From: joe	Respond to of 45548

Dave, Sorry for the confusion. Some posts later, I corrected myself. BTW: I think I read in one of your posts that COMS may have been going down because of the association with Jabil's 'bad news'. Was this mentioned on CNBC? Thanks for the fact about US Robotics not relying on Jabil. That means that the Jabil news can't imply any news on x2 modems. I wonder if comments like these were adding fuel to the fire? Looks like 3Com's PR department might have an extra job to do. (We still don't even know if COMS was the communications customer who decreased orders) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Shares of contract electronics manufacturer Jabil Circuit (NYSE: JBL) rose 7/16 to $34 15/16 this morning after the company reporting Q3 fiscal 1998 earnings yesterday after the bell. Year-over-year, the company grew revenues 25% while per-share operating earnings grew 14.7%. Absolute operating earnings grew 16.8%. Sequential sales and earnings trends were in-line with last quarter's guidance, though at the bottom of that guidance range. Since it was at the bottom of the range, the reaction from the market shouldn't be elated, but with customers such as 3Com (Nasdaq: COMS), Quantum (Nasdaq: QNTM), and Hewlett-Packard (NYSE: HWP) weighing down the upside created by Cisco (Nasdaq: CSCO) and new customer Gateway (NYSE: GTW), the sequential operating earnings decline of 15% was expected ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~