The week ahead: 3Com, Palm announce earnings
Handheld computer maker Palm's figures will be closely watched after analysts say that Handspring's sales growth could outstrip that of rivals.
3Com and its spinoff Palm are expected to announce earnings this week. Palm's figures will be closely watched after analysts today said that rival Handspring's sales growth could outstrip those of Palm.
Also this week the SIA Electronic Signature Legislation Conference is scheduled to take place in New York on Sept. 26. Industry leaders will discuss how the Electronic Signature in Global and National Commerce Act will fundamentally alter electronic transactions.
This information was gathered from First Call/Thomson Financial, Hoover's Online, CCBN's StreetEvents and CNET Investor.
Monday, Sept. 25
Earnings:
Cabletron Systems makes routers, switches and other products that connect computers in an office or home network. Per-share consensus estimate: loss of 1 cent.
Palm makes handheld computers for more than 5 million users. Per-share consensus estimate: 2 cents.
Saba Software allows firms to customize, deliver and track Internet-based employee training programs. Clients have included 3Com, Cisco and Ford. Per-share consensus estimate: loss of 42 cents.
Other events:
The Morgan Stanley Dean Witter Technology Edge Conference will take place in London Sept. 25 through Sept. 26.
Emcore will split its stock 2-for-1.
Semtech will split its stock 2-for-1.
Existing home sales, which represents the number of new homes sold in August, is expected to rise to 4.95 million from 4.79 million in July.
Tuesday, Sept. 26
Economic reports:
The Consumer Confidence index is expected to rise slightly to 141.2 from 141.1, indicating that consumers remain bullish on the economy and on their ability to make purchases.
Earnings:
3COM makes computer networking products. Per-share consensus estimate: loss of 34 cents.
Micron Electronics makes computers, including Millennia PCs, TransPort notebooks and NetFRAME servers. The company is 63 percent owned by chipmaker Micron Technology. Per-share consensus estimate: 9 cents.
National Discount Brokers operates an online retail brokerage. Per-share consensus estimate: loss of 8 cents.
Tibco Software lets businesses deliver information across networks and the Web. The company also offers e-commerce, consulting and support services. Per-share consensus estimate: 5 cents.
Other events:
Microchip Technology will split its stock 3-for-2.
The SIA Electronic Signature Legislation Conference is scheduled to take place in New York.
Wednesday, Sept. 27
Earnings:
CellStar distributes phones and accessories made by Ericsson, NEC, Nokia, Qualcomm and Motorola. Per-share consensus estimate: 7 cents.
Media 100 makes digital editing software and hardware that lets users create video and audio productions on personal computers. Per-share consensus estimate: 11 cents.
Intraware provides Net-based software services. Per-share consensus estimate: loss of 44 cents.
Other events:
The AEA Northwest Investment Conference for Private Technology Companies is scheduled to take place in Seattle, Wash.
Thursday, Sept. 28
Economic reports:
The gross domestic product is expected to remain unchanged at 5.3 percent.
Weekly initial claims for unemployment benefits are expected to rise to 315,000 from 308,000 last week.
Friday, Sept. 29
The Lehman Brothers 'Cutting Edge' Conference is scheduled to take place in Monte Carlo Sept. 28 and 29.
The Credit Suisse First Boston Emerging Growth Conference is scheduled to take place in London on Sept. 29.