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

To: William Wang who wrote (17893)	6/22/1998 2:58:00 PM
From: joe	Read Replies (2) \| Respond to of 45548

>>3Com will be reporting earnings this week. We expect that 3Com will report below our estimate of $0.19. The Street consensus is $0.17 with a range from $0.24 to $0.08 reflecting the great amount uncertainty surrounding the quarter.<< This doesn't say anything except somebody's opinion...doesn't the analysts with all his resources have something a little more concrete? Doesn't he know that because of he uncertainty, COMS has dropped 30% in last month already? Let's just wait and see what comes up, as difficult as it is to wait....who knows what's behind the story. Given that the previous 2 quarters were bad, it would make us think that this is a continuation. But on the other hand there was no firm negative preannouncement news (even though the Street has assumed this), AND Eric B. has said that the channel problems have been nailed.... Doesn't mean there isn't a problem, but we just don't know yet... ------------------------------------------------ Looks like price is starting to move slightly upward...