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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-13.3%Nov 7 11:47 AM EST

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To: W.F.Rakecky who wrote (19056)7/13/1998 11:57:00 AM
From: Mang Cheng  Read Replies (1) of 45548
 
<Maybe they are holding back on any positive news releases until buy-back is completed. >

I don't think so. The sole reason for share buyback is to cut down on the no. of shares outstanding thus increasing per share earnings. This is the high-tech way of paying a dividend. Usually if everything works out fine, the next thing they will announce is a stock split. This is the same game intel and cisco had been playing for a long time - hopfully coms can play in the same game too.

Mang
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