USRX Message Board - Msg: 889591

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Technology Stocks : USRX

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To: Dwight McSheffrey who wrote (13471)	2/26/1997 6:16:00 PM
From: David Lawrence	of 18024

NEW YORK, Feb 26 (Reuter) - U.S. Robotics (NASDAQ:USRX) shares were up more than 10 points, to 71-1/2, and 3Com Corp was up 2 points to 41 in late trading on Wednesday before Nasdaq halted both stocks after news of their proposed merger broke. U.S. Robotics had closed at 61 on Nasdaq, down 1/2 of a point, during regular trading. Its 52-week high was 105-1/2. 3Com had closed at 39 on Nasdaq, down 1/8 during regular trading. Its 52-week high was 81-3/8. After the market closed, 3Com announced it would buy modem giant U.S. Robotics in a $6.6 billion deal. Copyright 1997, Reuters News Service

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