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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: The Phoenix who wrote (38951)2/5/2000 11:22:00 PM
From: Gary Brack  Read Replies (1) of 45548
 
> Pooling is a non issue as pooling suggests that a suitor will want to divest a portion of the company prior
> to a 2 year window. This is actually bad.. and I'm amazed that I'm the only one that sees this. If I were a
> suitor and I liked PALM - thought is was going to be a hit... I'd buy COMS.. not spin-off the shares to
> stockholder - use the tax consequences as an excuse and be on my merry way. The cash COMS holds + PALM make
> it tasty. The business that were not interesting I could cash cow and kill over the two year period. There
> is nothing that says they have to continue to support non-performing units.

Why would this be bad? I would be glad to see 3com bought out by a suitor. That is for $100 a share. I doubt that 3Com's management/shareholders would approve of much less than that.

- Gary Brack
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