3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00170

-19.0%

Dec 26 9:30 AM EST

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To: kennbill who wrote (32104)	6/24/1999 1:46:00 AM
From: Mang Cheng	Read Replies (1) of 45548

I agree that coms is dressing itself up for a takeover. It builds up a treasure chest of cash and investments of 1.6 billions - notice that it's not wasting any money in big purchases. It cleaned out its inventories. It keeps its gross margin up. It keeps it cash flow and earning steady. Switching direction into enterprise and wireless and other high growth areas. It's clean as a lemon (sorry don't know any other analogy), I think a buyout will come soon to take me out of this prolong misery. Technically speaking, this stock has not brokendown yet. The next few days would be critical. They opened up all the emergency exits for people to escape today and that's normal afer the facts. Mang

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