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


To: William Wang who wrote (18565)7/1/1998 10:09:00 PM
From: joe  Respond to of 45548
 


>> can't post each report in details. They are just too long.
If you read from the titles, the feedbacks basically are "COMS hosts an upbeat meeting". My question is, if they buy it,
why COMS drops ?<<

They say buy, then reduce estimates. Maybe this is in line
with COMS margins improving over next few quarters, but
sales will be flat for a while.

The above answer is still confusing, because profits will
grow if the above is true. Maybe analysts are just waiting
for more proof in future. Eric B. may have talked about
flat sales too much, or maybe the analysts were just
thinking about going on vacation, and when they get
back they'll do more homework....who knows???

Today was another confusing/surprising day...typical
COMS behaviour...unpredictable.

Any opinions??