Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mang Cheng who wrote (26568)	12/23/1998 4:43:00 PM
From: av ram	Read Replies (1) \| Respond to of 45548

Why did AG Edwards downgrade? All other analysts are reiterating their buys and strong buys. Here is what Gruntal has to say: "Gruntal & Co. maintains "strong buy" as gross margin improved by 210 basis points sequentially, above expectations; new product acceptance was the primary factor in the gross margin improvement; management noted that it had not seen a slowdown in either PC sales or new projects that might impact internal progress; first quarter in which the company had more than 100 large deals of $500,000 or more each; has a price target of $70....." Cs Boston too is very positive... "CS First Boston maintains "strong buy" on computer networking company as Q2 results better-than expected due to dramatic operating margin leverage; outlook remains bullish as PC and networking demand strong across the board; expects company to enter new markets in 1999 that will provide sustained recovery....."