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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 29 9:30 AM EST

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To: The Phoenix who wrote (34362)9/21/1999 8:11:00 PM
From: Tim McGee  Read Replies (1) of 45548
 
7 points to success

I agree with 97.6% of what you post however i'm not sure about two of your points.


1. Kill the PALM IPO and provide one share of PALM for each share of COMS. Then IPO the remainder.


As you know I agree that the preceeding IPO should be scrapped. But there is no way there should be a 1 to 1 share swap. We don't want a PALM with 344m shares outstanding. We will hopefully get .2 -.25 shares per COMS or we will get robbed by mgmt one last time and get less.

2. Sell the modem business NOW!
3. Sell the NIC business NOW!
4. Stop development on G.lite and non-DOCSIS compliant cable modems



I don't understand the G.lite comment and I don't think 3Com every marketed a non-DOCSIS compliant cable modem. They passed the DOCSIS compliance tests months ago (after failing the first time).


5. Build their wireless business and focus on high end routing and optics. NOW...before it's too late. Maybe buy MRVC??? Heck a couple of good acquisitions would be invaluable...maybe COMS will get some good people.
6. Get rid of the USRX people on the board
7. Get rid of Eric.

All the rest lets put into action.
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