EARNINGS REPORT: 3COM AND COCA-COLA SHOW STRENGTH
3Com, the Santa Clara-based computer networking company,
reported their first quarter earnings. The company, which
recently purchased the naming rights to Candlestick Park, "beat
Wall Street estimates with earnings" of $59.4M, up 93% from the
year before. Sales jumped 64% to $430.4M (SAN FRANCISCO
COKE IS IT: Coca-Cola announced their worldwide third-
quarter volume will grow roughly 7%, "exceeding expectations,"
according to Chris Roush of the ATLANTA CONSTITUTION. Marty
Romm, analyst at CS First Boston: "The numbers were at or a
little bit better than what most people were expecting." Stock
reached a 52-week high of $69.50 before closing at $69.12 1/2
(ATLANTA CONSTITUTION, 9/21).