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

To: joe who wrote (26388)	12/22/1998 5:30:00 PM
From: Steve Porter	Read Replies (1) \| Respond to of 45548

Joe, CNBC is so full of COMS right now my head is going to explode.. they are talking about COMS ever 2 freakin' seconds (I'm serious.. they mention "3com......" every time they go to and come from commercial).. I see a big move tomorrow. Regards, Steve PS. Earnings right on the threads concensus..

To: joe who wrote (26388)	12/22/1998 5:31:00 PM
From: Moonray	Read Replies (3) \| Respond to of 45548

More: 3Com 2nd-Qtr Profit Rises More Than Expected on Surge in Sales Santa Clara, California, Dec. 22 (Bloomberg) -- 3Com Corp., the No. 2 networking company, reported better-than-expected fiscal second-quarter earnings on surging demand for its PalmPilot computing device and rising Internet-equipment sales. Profit before a charge for the quarter ended Nov. 30 rose to $133.4 million, or 36 cents a share, compared with restated net income of $4.02 million, or 1 cent, a year ago. 3Com was expected to earn 31 cents, the average estimate of analysts polled by First Call Corp. Year-ago figures include results from U.S. Robotics Corp., which 3Com acquired last year. 3Com sold more of its low-cost telephone-based modems and computer connector cards, used to link PCs to corporate networks. In addition, the PalmPilot -- the top hand-held electronic organizer -- is 3Com's fastest-selling product, and analysts expect it now contributes about 10 percent of total revenue. ''Most of the growth is coming from the Palm,'' said Patrick Houghton, an analyst at Sutro & Co., who rates 3Com ''buy.'' Revenue at Santa Clara, California-based 3Com rose 29 percent to $1.54 billion from $1.20 billion a year ago. 3Com restated the year-earlier results in March, at the urging of the U.S. Securities and Exchange Commission, to more accurately reflect its acquisition of U.S. Robotics. 3Com shares rose 1 1/2 to 48 5/8. The company reported earnings after the close of regular U.S. trading. o~~~ O