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

To: Scrapps who wrote (28923)	3/11/1999 8:02:00 AM
From: Moonray	Respond to of 45548

U.S. HEADLINE STOCKS - Issues to watch March 11 Reuters - Thursday March 11, 7:31 am Eastern Time NEW YORK, March 11 (Reuters) - Stocks to watch Thursday: -- Computer distributor Ingram Micro Inc. (NYSE:IM - news) said it would cut 1,400 jobs as part of a restructuring and expects first-quarter earnings before charges to fall short of analysts' expectations. Ingram shares closed Wednesday at 18-5/8. -- Computer networking equipment maker 3Com Corp. (Nasdaq:COMS - news) said it plans to join forces with software maker Microsoft Corp. (Nasdaq:MSFT - news) to develop a line of home networking products. 3Com closed at 24-5/8 and Microsoft closed at 161-3/8. -- Charles Schwab Corp. (NYSE:SCH - news) is settling complaints from investors with losses that could total $1.2 million on orders they tried to cancel, the Wall Street Journal reported. Schwab closed at 81. -- Oil and drilling stocks are expected to continue to be a focus as top oil producers discuss deeper cuts in output. The sector is expected to get a push from takeover rumors surrounding Phillips Petroleum Co. (NYSE:P - news). Phillips closed at 42 and was indicated up $2 in London. o~~~ O