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

To: joe who wrote (18130)	6/24/1998 6:25:00 PM
From: Mang Cheng	Respond to of 45548

"3Com Corp. Soars 10% In Late Trading After Upside 4Q Report " Dow Jones Newswires -- June 24, 1998 NEW YORK (Dow Jones)--3Com Corp. (COMS) surged nearly 10% in aftermarket trading, following an upside fiscal fourth-quarter report that beat Wall Street's views by a penny. Shares of the Santa Clara, Calif., concern recently jumped 9.7% to 29 3/4, after finishing at 27 1/8, which reflects a regular-session gain of 1 1/8, or 4.3%. 3Com, which supplies data, voice and video communications technology, registered operating earnings of 18 cents a diluted share for the fourth-quarter ended May 31, topping First Call Corp.'s 17-cent estimate and surpassing last year's 12 cents. Several other companies that reported material news after the market closed remained relatively inactive. -Tara Siegel; 201-938-5176 Mang

To: joe who wrote (18130)	6/24/1998 7:49:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 45548

joe--- What was meant was the short term holders would smile at a takeover for the quick bump in share price. The long term holders would be cheated out of COMS gains as they would be diluted with the merged company. I did not hear the cc but will listen Thurs or Fri. I like the recording AFTER others have given their impressions. That method allows me to close in on specifics that I might otherwise miss. The earnings were great! The company press release was also great,but some reporters are already hammering. It will take a BIG hammer to knock it down now! John