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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Pullin-GS who wrote (18332)	3/2/1999 5:11:00 PM
From: Scrapps	Read Replies (2) \| Respond to of 22053

One word....ERIC!

To: Pullin-GS who wrote (18332)	3/2/1999 10:10:00 PM
From: JBTFD	Respond to of 22053

Investors sell-off 3Com stock on earnings concerns By Daniel Bases NEW YORK, March 2 (Reuters) - Investors who sold shares on Tuesday of computer networking company 3Com Corp.<COMS.O> -- maker of the popular handheld Palm Pilot computer -- had their fears of a weak third quarter confirmed after the stock market closed. The company pre-announced its results after the close of trading, saying revenues would be between $1.41 billion and $1.415 billion with earnings per share of $0.23 for the period ended Feb. 28. 3Com's pre-announced results are far below the First Call consensus estimate of $0.36 a share. Fears of a weak quarter caused heavy selling in the stock, knocking it down $3.69 at $27 on the Nasdaq stock market. The company also said its seasonally weak third quarter was exacerbated by an unexpected slowdown in the U.S. and Latin American enterprise markets, plus weakness in its traditional product distribution channels and lower than expected original equipment manufacturing sales to the personal computer market, contributed to the lower than expected growth.