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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (29081)3/23/1999 3:58:00 PM
From: manny t  Read Replies (1) | Respond to of 120523
 
VRIO,

Dow Jones headline news:VRIO in cross promotion agreement with

NetObjects.

The good news continues!!!

Manny T.



To: Jenna who wrote (29081)3/23/1999 4:00:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 120523
 
Jenna

just bought the ATHM MAY 140'S.....partial entry...let's rumble...



To: Jenna who wrote (29081)3/23/1999 6:46:00 PM
From: Jenna  Respond to of 120523
 
3Com beats revised earnings estimates; 3COM Says to Buy Back Up to 10 Mln Shrs of Common Stock
By Wylie Wong
Staff Writer, CNET News.com
March 23, 1999, 3:30 p.m. PT
update 3Com's fiscal third quarter profit rose tenfold, in line with forecasts that were slashed this month when the computer networking company warned that sales had slowed.

Net income for the quarter ended February 26 was $89.6 million, or 24 cents a share, compared with operating profit of $7.41 million, or 2 cents a share, a year ago. The company had been expected to earn 36 cents a share before a profit warning on March 2. Those forecasts dropped to 23 cents a share after the warning, according to First Call.

3Com sold fewer of its low-cost modems and connector cards used to link personal computers to corporate networks and the Internet. The products contribute about half of 3Com's revenue, and analysts expect 3Com to cut prices even further to spur sales.

"3Com is in a tough position if PC sales stay soft," said Craig Johnson, an analyst with the market research firm Pita Group in Portland, Oregon.