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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130+1,200.1%Nov 7 11:47 AM EST
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To: Mang Cheng who wrote (20341)8/11/1998 12:05:00 PM
From: Moonray  Read Replies (1) of 45548
 
Adaptec seen as takeover target
CBS MarketWatch - Last Update: 5:13 PM ET Aug 10, 1998

Adaptec Inc. (ADPT) closed higher Monday amid speculation the company
could be a takeover target.

The bandwith management company could be acquired by Intel Corp.
(INTC) or 3Com Corp. (COMS) according to Barron's.

Adaptec shares have fallen almost 80 percent since last October, due
to pricing pressure, excess inventory and the failure to complete a
key acquisition. Shares closed up 1 1/2 at 13 7/16.

o~~~ O
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