3Com (COMS)

Add a New Bears Reason Company: 3Com (COMS) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 2 votes   3Com's Earnings Drop as Revenue Falls Top Contributor: Marcus Tan | Created when NASDAQ:COMS was $5.05 | Edit | History COM earnings fell 91% for its fiscal first quarter due[1] to absence of a litigation gain it recorded a year earlier and demand remained weak for networking equipment. To make things worse, the stock has more than doubled this year. The networking-equipment maker has been refocusing on the U.S. market as its overseas businesses struggles. It also has been cutting costs. 3Com has been positioning itself as a low-cost alternative in the enterprise market. Despite 3Com's forecast earnings excluding items of three to five cents a share on revenue of $270 million to $280 million in July, it looks like all signs still leads to us avoiding the stock for now ↑ "3Com's Earnings Drop as Revenue Falls " Article from Wall Street Journal (100 character max) Cancel

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