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

To: Eric who wrote (21992)	9/22/1998 8:28:00 PM
From: Eric	Respond to of 45548

From the horses mouth: 3Com Q1 Fiscal 1999 Earnings Announcement 3com.com Q1 1999 Highlights 3com.com Eric

To: Eric who wrote (21992)	9/22/1998 8:37:00 PM
From: matt fahy	Read Replies (2) \| Respond to of 45548

Earnings Analysis: $1.4 billion sales 44.8% gross margin (what were analyst expectations?) 8.4% operating margin (w/o one-time $10M benefit) .24 eps; beat street by .04 or 20% Inventory down $143M or 22% A/R up $130M or 15% (quarter backend loaded?) "unprecedented market share leadership in Ethernet technologies by becoming the first vendor to attain top positions in all seven categories of Ethernet technology for the LAN workgroup" For the historically slowest quarter this report does not appear too bad, definite improvement from prior report which is what was needed to prove they have "turned the corner" as Eric has stressed lately. No more ghosts to come out of the merger woodwork, hurray, only Palm-sized surprises! :o) Conference reply # or did anyone listen? Matt